Titan Pharmaceuticals Inc (TTNP)

[turks]

Anyone? Doesn't make sense
https://m.benzinga.com/article/13307490

Titan Pharmaceuticals, Inc. common stock (NASDAQ: TTNP) filed a preliminary short form prospectus with the securities regulators in the provinces of Ontario, British Columbia and Alberta and a corresponding registration statement on Form F-10 with the U.S. SEC in connection with a proposed marketed offering of units to raise total gross proceeds ranging between $20 million and $25 million.

Each unit will be comprised of one common share and one common share purchase warrant, the company said.

The stock declined 7.94 percent to $3.48 in after-hours trading.