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On June 22, 2018, the Company went public, offering 5.2 million shares at a price of $15.00 per share. Since then, the electroCore’s stock price has consistently traded down to close at $1.67 per share on July 10, 2019, weighed down by negative financial results reported for the first quarter of 2019, a recently-announced restructuring and cost-cutting plan, and the resignation of its Chief Executive Officer, Francis Amato.