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Harris & Harris to offer common stock, shares slip

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Harris & Harris Group, Inc. (Nasdaq:TINY) a publicly traded venture capital company, said this morning that it will sell approximately 2.54 million shares at $6.15 per share to institutional investors for net proceeds of roughly $14.39 million. The offering is expected to close around June 20.

Shares slide 10%, or $0.74, to $6.84 out of the gate. For detailed price information and recent news stories about Harris & Harris Group, click TINY.