# Neuronetics Prices 18.75 Million Shares at $1.60 as Stock Falls 13%

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/53671
Published: 2026-11-11T07:19:06.000Z
Updated: 2026-11-11T07:19:06.000Z
Section: Business

> The offering is expected to generate about $30 million in gross proceeds before expenses.

Neuronetics, Inc. (NASDAQ: STIM) set its public offering price at $1.60 per share for 18.75 million shares. The sale is expected to generate about $30 million in gross proceeds before expenses.

The company’s shares declined 13% during extended trading Wednesday, Nov. 11.