AIOS Tech Shares Rebound Sharply in Premarket Trading, Surging Over 46% After Steep Decline

Stock News
Feb 20

Following a significant drop of nearly 50% on Wednesday, shares of AIOS Tech Inc. (AIOS.US) experienced a strong rebound in premarket trading on Friday, rising more than 46% to $0.661. The recovery comes after the company announced a private placement on February 13, issuing 60 million shares of common stock along with warrants at a price of $0.40 per share. The notably low offering price had previously raised concerns about equity dilution and triggered selling pressure in the market.

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