By Colin KellaherNetcapital shares tumbled sharply in premarket trading Tuesday after the fintech company said it was raising about $1.7 million in a dilutive registered direct stock offering. The Boston company said it is selling 1.1 million shares at $1.55 apiece, well below Monday's closing price of $2.40.

Source: Wall Street Journal May 23, 2023 23:56 UTC