TransEnterix (TRXC) Prices 22.058M Unit Offering at $0.68/Unit

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After-Hours Stock Movers 03/05: (OPK) (LOCO) (SIGA) Higher; (TRXC) (AOBC) (CY) Lower (more...)

March 5, 2020 5:35 PM UTC

After-Hours Stock Movers

TransEnterix, Inc. (NYSE: TRXC) 32.7% LOWER; announced that it has commenced an underwritten offering of units. The offering is expected to be comprised of (i) a unit of common stock and warrants to purchase shares of common stock and (ii) a unit of convertible preferred stock and warrants to purchase shares of common stock. The unit of convertible preferred stock and warrants is being offered in lieu of the unit of common stock and warrants for those purchasers who would otherwise beneficially own more than... More

TransEnterix (TRXC) Announces Proposed Common Share Offering

March 5, 2020 4:30 PM UTC

TransEnterix, Inc. (NYSE: TRXC) today announced that it has commenced an underwritten offering of units. The offering is expected to be comprised of (i) a unit of common stock and warrants to purchase shares of common stock and (ii) a unit of convertible... More