Meten EdtechX Education (NASDAQ:METX) Stock Sees Heavy Pressure: Will It Rebound?
Meten EdtechX Education (NASDAQ:METX) was down 40% in a week. The company has closed an underwritten public offering with gross proceeds of $60 million before accounting for commissions, discounts, and other offering expenses. the offering includes 22.5 million common shares of the company at an offering price of $0.3 per share and 177.5 million pre-funded warrants. The company offered the pre-funded warrants at an offering price of $0.2999 for each…