By Josh BeckermanBT Brands Inc. shares were recently down 10% to $4.47 following the fast-food company's upsized initial public offering. An offer of 2.4 million units priced at $5 each. Each unit contained one share and one warrant, which were immediately separable from the units. BT Brands previously expected to sell 2 million units.
Source: Wall Street Journal November 13, 2021 00:04 UTC