Astrotech (ASTC) Subsidiary and Cleveland Clinic Partner to Develop a Rapid COVID-19 Breath Test

Go back to Astrotech (ASTC) Subsidiary and Cleveland Clinic Partner to Develop a Rapid COVID-19 Breath Test

Astrotech (ASTC) Prices 7.826M Share Upsized Common Offering at $2.30/Sh

October 21, 2020 1:18 PM EDT

Astrotech Corporation (NASDAQ: ASTC), today announced the pricing of a public offering of an aggregate of 7,826,086 shares of common stock, at a purchase price of $2.30 per share of common stock. The closing of the public offering is expected to occur on or about October 23, 2020,... More

Astrotech (ASTC) Surges on Development Deal with Cleveland Clinic for Rapid COVID-19 Breath Test

October 20, 2020 5:17 PM EDT

Astrotech (NASDAQ: ASTC) is gaining 77% after-hours Tuesday after the company signed a joint development agreement (JDA) with Cleveland Clinic to explore leveraging Astrotechs BreathTest-1000 mass spectrometer to rapidly screen for COVID-19 or related indicators. The goal of the agreement is to develop a... More