Lexaria Bioscience Shares Dive Following $3.5M Equity Offering
Direct Offering Announcement: Lexaria Bioscience (LEXX) has announced a registered direct offering to sell approximately 2.66 million shares at $1.315 per share, aiming to raise around $3.5 million in gross proceeds.
Warrants Issuance: The company will also issue unregistered warrants for an additional 2.66 million shares at an exercise price of $1.19, which can be exercised immediately and will expire five years after the related resale registration becomes effective.
Use of Proceeds: The gross proceeds from this offering will be utilized to advance research and development efforts, fund working capital, and cover other general corporate purposes.
Stock Performance: Following the announcement, LEXX's stock price dropped by 26.1% in premarket trading, falling to $0.99.
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Doseology Sciences Acquires Feed That Brain for $400,000, Expanding into Performance Wellness Market
- Strategic Acquisition: Doseology Sciences acquired the Feed That Brain brand for $400,000, marking a strategic expansion into the performance wellness segment, which is expected to accelerate the Canadian launch of next-generation clean energy pouches.
- Executive Appointment: Concurrently, the company appointed Joseph Mimran as Strategic Advisor under a three-year agreement valued at $400,000 in restricted share units, aiming to leverage his extensive experience in retail and brand building to drive business growth.
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- Product Innovation: Doseology's U.S. subsidiary is developing pouch-based offerings that blend caffeine, nootropics, and adaptogens, designed to provide sugar-free, smoke-free alternatives for professionals and wellness consumers seeking functional stimulation, further solidifying its competitive edge in the health tech sector.

Bark Inc (BARK) Shares Surge 19.9% on Acquisition Proposal from Great Dane
- Acquisition Proposal: Great Dane's submission of a non-binding acquisition letter to Bark Inc has led to a 19.9% surge in Bark's pre-market share price to $0.74, indicating strong market enthusiasm for the potential acquisition.
- Market Reaction: The significant rise in Bark Inc's stock price reflects investor optimism regarding the company's future, which may also attract more investor attention and enhance market liquidity for the stock.
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- Investor Confidence: The rebound in Bark Inc's stock price may bolster investor confidence in the company, especially after recent market volatility, as the acquisition proposal provides new momentum for future growth.









