Skye Bioscience (SKYE) Shares Rise 6% After Hours: Here's What's Driving The Move
Skye Bioscience shares rise 6% after hours on a $22M equity purchase agreement and warrant issuance.
Skye Bioscience just found $22 million in new money by selling shares to investors, which made people feel a tiny bit better about the company. When a company raises cash this way, it means they have fuel to keep working on their projects, so watch if they use it wisely.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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