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Benzinga
Benzinga
Business
Henry Khederian

Why Tempest Therapeutics Shares Are Rising

Tempest Company Nasdaq

Tempest Therapeutics Inc (NASDAQ:TPST) shares are trading higher by 29.24% at $3.05 after the company announced $15 million of private placement financing. 

The $15 million private investment in public equity (PIPE) financing comes from the sale of 3,149,912 shares of Tempest Therapeutics’ common stock at a price per share of $2.36.

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