SELLAS Life Sciences (NASDAQ:SLS) trades higher after new share count shows nearly $2 billion value
SELLAS Life Sciences Group Inc is up 12.6% at $10.33 in Thursday afternoon action, trading 12.2 million shares. The stock opened at $9.21, hit $11.05, and last traded at $10.33 at 2:51 p.m. EDT. Previous close was $9.17. The real market cap isn’t the one being shown. SELLAS said on June 2 it has 196.6 million shares out, after it got about $28.7 million from warrant exercises in April and May. With shares at $10.33, that makes the equity value around $2.03 billion.