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SNES

SenesTech

$0.99

0.0072 (0.73%)

09:06
08/09/18
08/09
09:06
08/09/18
09:06

SenesTech expects $6.1M in gross proceeds from rights offering

SenesTech announced that the subscription period for the company's rights offering expired on August 8 and the rights distributed in the Rights Offering are no longer exercisable. The company estimates that the Rights Offering will result in approximately $6.1M in gross proceeds. SenesTech expects the Rights Offering will close on or about August 14. Each right entitled the holder to purchase one unit, at a subscription price of $1.15 per unit. Each unit consisted of one share of the company's common stock and one warrant. Each warrant is exercisable to purchase one share of the company's common stock at an exercise price of $1.15 per share from the date issuance until its expiration 5 years from the date of issuance.

SNES SenesTech
$0.99

0.0072 (0.73%)

11/22/17
CHLM
11/22/17
NO CHANGE
Target $3
CHLM
Buy
SenesTech price target lowered to $3 from $8 at Craig-Hallum
Craig-Hallum analyst Charles Haff lowered his price target for SenesTech to $3 from $8 to reflect Q3 results, new shares and warrants from financing. The analyst reiterates a Buy rating on the shares.
12/28/17
ROTH
12/28/17
NO CHANGE
Target $3.75
ROTH
Buy
SenesTech price target lowered to $3.75 from $14 at Roth Capital
Roth Capital analyst Gerry Sweeney lowered his price target for SenesTech to $3.75 from $14 to reflect recent dilution from an equity offering. The analyst reiterates a Buy rating on the shares.
07/13/18
CHLM
07/13/18
NO CHANGE
Target $2
CHLM
Buy
SenesTech's ContraPest registration 'positive,' but expected, says Craig-Hallum
Craig-Hallum analyst Kevin Ellich reiterated a Buy rating and $2 price target on SenesTech after the California Department of Pesticide Regulation officially registered ContraPest for use in California. While he views the registration as a positive and is encouraged by the approval, Ellich says it is not unexpected as he thought the 30-day comment period would prove to be "more of a formality." Ellich notes that his estimates already contemplate a sharp acceleration in revenue based on regulatory approvals and commercial success.

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INDB

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0.65 (0.73%)

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