SEC filing yesterday, pricing the units at $3.97 (1 share and 1 warrant). Why did it continue to rise? Crazy. Tried to short at $28 today, but couldn't get any. Had bought at $1.98, but sold way too soon.
Class A Units Offered We are offering Class A Units. Each Class A Unit consists of one share of common stock and a warrant to purchase one share of our common stock (together with the shares of common stock underlying such warrants).
Offering Price per Class A Unit $3.97 combined price for each Class A Unit based upon an assumed offering price of $3.97, the closing price of our common stock on January 5, 2017.