Autonomix Medical Inc. (NASDAQ:AMIX) shares surged 116.57% in after-hours trading Monday after the company announced a $4.9 million warrant inducement.
The stock closed Monday’s regular session up 1.90% at $5.37. It then climbed 116.57% to $11.63 in after-hours trading.
Autonomix Medical is a medical device company focused on developing technologies for precision nerve-targeted treatments.
$4.9M Warrant Inducement
Autonomix said it entered into a warrant inducement agreement with an investor for the immediate exercise of existing warrants to purchase 857,462 shares at $5.75 per share.
