Haoxi Health Technology (HAO) shares plunged 75% amid heavy trading after the Beijing-based company said Thursday that it priced a $12 million follow-on public offering of 4 million units at $3 apiece.
Over 7 million shares traded intraday versus a daily average of under 655,000.
Banzai International (BNZI) said Thursday it is implementing a 1-for-50 reverse stock split, effective immediately, to regain compliance with the Nasdaq's minimum closing share price requirement.
Shares dropped 20%, with intraday trading volume at about 484,000 compared with a daily average of about 40,000.
BloomZ (BLMZ) said late Wednesday that the Nasdaq Stock Market notified the company of its non-compliance with a rule requiring companies to maintain a minimum market value of listed securities of $35 million.
Shares slumped 30% in recent trading Thursday, with intraday trading volume at over 631,000 compared with a daily average of about 7 million.
Price: 0.75, Change: -2.25, Percent Change: -75.00
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