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Benzinga

Business

Dylan Berman

What's Going On With Propanc Shares Monday?

Stock chartbenzingaai2023_stock_market_charts_on_multiple_computer_scree_03ada781-be05-460b-a6af-38988bc7658b_1

Propanc Biopharma, Inc. (NASDAQ:PPCB) shares are trading higher Monday. The company recently priced a $4 million public offering and began trading on the Nasdaq Capital Market.

What To Know: The underwritten offering covers 1 million shares of common stock at $4.00 per share, expected to generate approximately $4 million in gross proceeds before expenses and underwriting discounts and commissions.

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