Core AI Holdings Shares Plunge After $5.4 Million Registered Direct Offering Announcement
Core AI Holdings Inc. (NASDAQ: CHAI) saw its shares drop sharply in premarket trading after announcing a $5.4 million registered direct offering. The company entered a securities purchase agreement with a new institutional investor to sell 1,969,444 common shares and 3,975,000 pre-funded warrants. The offering is expected to close on or about June …