February 24, 2024

TransCode Therapeutics Higher After Withdrawing Registration Statement

(24/7 MARKET NEWS) – TransCode Therapeutics, Inc. (NASDAQ:RNAZ) stated, after yesterday’s market close, that it withdrew the Form S-1 Offering Registration Statement it filed with the SEC on November 28, 2022, and amended on November 30, 2022.

TransCode is trading at $0.63, up $0.21 (+50.60%), on nearly 2 million premarket shares traded.

Its 52-week range is $ 0.3701 to $3.13. Its next inflection points are $0.70 and $0.75. if it can break through the 75-cent resistance level, with strong volume, it would be a favorable setup for a potential run to the $1 level.

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