Electrovaya's stock has taken a hit following the announcement of a $24.4 million public offering. This move, while aimed at raising capital, has raised concerns among investors about the company's financial health and future prospects. The decline in stock value highlights the volatility of the market and the potential risks associated with public offerings, making it a significant event for stakeholders.

Electrovaya has announced the pricing of its public offering of common shares at $5.20 each, which is a significant step for the company as it seeks to raise capital for its growth initiatives. This move is expected to enhance its financial position and support its ongoing projects in the battery technology sector, making it an important development for investors and stakeholders.

MindMed has successfully closed a public offering of common shares, raising $259 million. This significant funding will bolster the company's efforts in developing innovative treatments for mental health issues, marking a pivotal moment in their growth and potential impact on the healthcare sector.