Edition:
United Kingdom

Chembio Determines Not To Proceed With Proposed Public Offering Of Common Stock


Thursday, 25 Oct 2018 

Oct 25 (Reuters) - Chembio Diagnostics Inc ::CHEMBIO DETERMINES NOT TO PROCEED WITH PROPOSED PUBLIC OFFERING OF COMMON STOCK.CHEMBIO DIAGNOSTICS - DETERMINED NOT TO PROCEED WITH PROPOSED PUBLIC OFFERING OF $25 MILLION OF ITS COMMON STOCK PREVIOUSLY ANNOUNCED ON OCT 22.CHEMBIO DIAGNOSTICS - DETERMINATION RESULTS FROM ASSESSMENT BY MANAGEMENT THAT CURRENT EQUITY MARKET CONDITIONS ARE "NOT CONDUCIVE FOR AN OFFERING". 

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