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ProPhase Labs plummets 21%, prices $3M equity offering (NASDAQ:PRPH)

  • ProPhase Labs (NASDAQ:PRPH) priced its underwritten public offering of 4.17M shares at $0.72 per share, for gross proceeds of ~$3M.
  • Underwriters have a 45-day option to purchase up to an additional 625,500 shares.
  • The offering is expected to close on November
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