Republic Power Group (RPGL) stock jumps again premarket as $0.20 share-sale filing lands
Republic Power Group shares jumped about 25% to $1.10 in premarket trading after closing at $0.88. A new SEC filing shows plans to sell up to 50 million shares at $0.20 each, raising dilution concerns as Nasdaq’s $1 minimum bid-price rule looms. The offering could increase shares outstanding nearly fourfold if fully placed. The company faces a July 6 deadline to regain compliance.