I'm guessing it would have filled at that price but wtfdik. Has anyone in their history of investing seen a PP go down this way?? I feel management was either incompetent and/or was in breach of fiduciary duty to the existing shareholders(pre-PP) in accepting the "deal"

Cainplap, I have on my watch list a company called Dario Health Corp "DRIO" because on March 31,2017 it annouced it was going to do a PP in the near future without any details either. It was trading at 3.90 the day before, closed at 3.01 on the day of the announcement. They still haven't done the DD but it's now trading at 2.44. I'm watching them to see what their management does, not because I like the stock