India, Sept. 24 -- GlucoTrack, Inc. (GCTK) is up 26.64 percent, gaining $0.5417 to $2.5717 on Thursday. The move comes after the company announced the pricing of a best-efforts public offering of 169,388 shares of common stock at $2.04 per share and pre-funded warrants to purchase up to 1,350,220 shares at $2.039 per warrant.
GlucoTrack is currently trading at $2.5717, up from the previous close of $2.03 after opening at $2.43 on the Nasdaq. The stock has traded between $2.38 and $3.25 during the session, with trading volume at 45.93 million shares versus average volume of 1.14 million shares.
The company expects gross proceeds of approximately $3.10 million before placement agent fees and offering expenses. The offering was priced at-the...