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Lemonis’s $1,000,000 “open-market purchase” reports one clean price with no range, on the day a $45.5m offering closed at exactly that price
The consideration is $999,999.44 — 362,319 shares at $2.76 flat. Every other purchase and sale on this week’s tape carries a weighted average and a stated range, because a market order fills across a day. This one does not. $2.76 is the price at which the company’s $45.5m registered direct offering was struck on 5 October, closing 6 October — the transaction date on the form.
The stock closed Monday at $1.620, a new 52-week low against a 52-week high of $9.280, and 41.3% below the price on the form, four sessions later.