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GT Biopharma ( NASDAQ: GTBP ) stock fell 8% after it entered into purchase agreements to raise $3.2M through the purchase and sale of 740K shares at $4.35 apiece.

In a concurrent private placement, the company will issue warrants to purchase up to 740K shares of common stock, and the warrants will have an exercise price of $4.35 per share. More on GT Biopharma Seeking Alpha’s Quant Rating on GT Biopharma Historical earnings data for GT Biopharma Financial information for GT Biopharma.



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