VisionSys AI Shares Collapse After Announcing Highly Dilutive Stock Offering
VisionSys AI Inc. (NASDAQ:VSA) shares plummeted 75% in premarket trading on Wednesday after the brain-machine interaction technology company unveiled a deeply dilutive registered direct offering, sparking investor concerns over significant share dilution. The company said it had entered into securities purchase agreements with institutional investors to sell 9,230,750 American Depositary Shares (ADS), along with warrants [...]