Nutex Health rises on $100 million funding deal

Nutex Health

12/04/2023 14:24

** Shares of Health management firm Nutex Health Inc
 NUTX.O  rise 5.6% to $1.01 before the bell
    ** Co enters into a $100 mln prepaid advance agreement with
Yorkville Advisors Global L.P.
    ** As of Dec. 31, 2022, NUTX had total assets of $431.8
million, including cash and cash equivalents of $34.3 million
    ** About 5.2 million shares changed hands premarket, more
than thrice the 25-day average trading volume of stock 
    ** As of last close, NUTX down 49.67% YTD

 (Reporting by Rupali Chaudhary in Bengaluru)
 ((Rupali.chaudhary@thomsonreuters.com))