NovaBay Pharmaceuticals Announces Closing of 3.87 Million Underwritten Public Offering, Including Partial Exercise of Overallotment Option
| NBY Stock | USD 0.59 0.02 2.52% |
Slightly above 61% of NovaBay Pharmaceuticals' investor base is looking to short. The analysis of overall sentiment of trading NovaBay Pharmaceuticals stock suggests that many investors are alarmed at this time. NovaBay Pharmaceuticals' investing sentiment can be driven by a variety of factors including economic data, NovaBay Pharmaceuticals' earnings reports, geopolitical events, and overall market trends.
NovaBay |
EMERYVILLE, Calif., July 29, 2024--NovaBay Pharmaceuticals, Inc. today announced the closing of its previously announced underwritten public offering of common stock, pre-funded warrants, Series F-1 warrants, Series F-2 warrants and Series F-3 warrants for gross proceeds of approximately 3.87 million, prior to deducting underwriting discounts and commissions and offering expenses. The offering proceeds include partial exercise of the underwriter
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NovaBay Pharmaceuticals Investor Sentiment by Other News Outlets
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NovaBay Pharmaceuticals Fundamental Analysis
We analyze NovaBay Pharmaceuticals' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NovaBay Pharmaceuticals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NovaBay Pharmaceuticals based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Revenue
Revenue Comparative Analysis
NovaBay Pharmaceuticals is currently under evaluation in revenue category among its peers. Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
NovaBay Pharmaceuticals Potential Pair-trading
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Peers
NovaBay Pharmaceuticals Related Equities
| IMMX | Immix Biopharma | 19.39 | ||||
| PHIO | Phio Pharmaceuticals | 5.18 | ||||
| PALI | Palisade Bio | 0.83 | ||||
| ZURA | Zura Bio | 0.33 | ||||
| ENVB | Enveric Biosciences | 1.33 | ||||
| ZVSA | ZyVersa Therapeutics | 3.60 | ||||
| CYTO | Altamira Therapeutics | 4.17 | ||||
| SONN | Sonnet Biotherapeutics | 5.05 | ||||
| CNSP | Cns Pharmaceuticals | 7.69 |
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