Hoth Therapeutics, Inc. HOTH

$HOTH chances we hit $2 this week??!

Guess it’s a tad better than buying a lotto ticket ??

Shorts moved in quick ? no volume board dead . Dead money for now

Yuck !! No big buys , no med size buys. Only small retail buys . No volume .

Going down

$HOTH entry at 0.8

$HOTH they hang me up ⬆️ on price 2.12 ?

Press Release: Hoth Therapeutics Announces $10 Million Private Placement Priced At-the-Market Under Nasdaq Rules
Mentioned: HOTH
Hoth Therapeutics Announces $10 Million Private Placement Priced At-the-Market Under Nasdaq Rules

PR Newswire

NEW YORK, Dec. 29, 2022

NEW YORK, Dec. 29, 2022 /PRNewswire/ -- Hoth Therapeutics, Inc. (NASDAQ: HOTH), a patient-focused biopharmaceutical company, today announced that it has entered into a definitive agreement for the issuance and sale of an aggregate of 2,000,000 shares of its common stock (or common stock equivalent in lieu thereof) and warrants to purchase up to an aggregate of 2,500,000 shares of common stock, at a purchase price of $5.00 per share and accompanying warrant in a private placement priced at-the-market under Nasdaq rules. The gross proceeds to the Company from the private placement are expected to be $10 million, before deducting the placement agent's fees and other offering expenses payable by the Company. The private placement is expected to close on or about January 3, 2023, subject to the satisfaction of customary closing conditions.

Analyst Forecast
According to 8 analysts, the average rating for HOTH stock is "Buy." The 12-month stock price forecast is $25.5, which is an increase of 137.87% from the latest price.

Price Target
$25.5
(137.87% upside)
Analyst Consensus: Buy

Strong​Sell
Sell
Hold
Buy
Strong

$HOTH this should be up at least in 30s.