January 22, 2026
Finance

High Roller Technologies Shares Surge Following Capital Raise; Premarket Movers Include American Rebel Holdings and Aura Biosciences

High Roller Technologies boosts liquidity with $25 million offering as several other stocks experience significant premarket fluctuations

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Summary

High Roller Technologies saw a nearly 30% increase in premarket trading after closing a registered direct offering that raised approximately $25 million. In addition, several other stocks exhibited notable premarket price changes, including American Rebel Holdings with a substantial rise connected to an upcoming reverse split and Aura Biosciences showing volatility after recent gains.

Key Points

High Roller Technologies completed a registered direct offering selling 1.89 million shares at $13.21 each, raising about $25 million before fees.
Following the offering, High Roller Technologies shares surged approximately 29.6% in premarket trading to $10.21.
American Rebel Holdings announced a 1-for-20 reverse stock split effective February 2, leading to a 53.1% increase in premarket share price.
IO Biotech declared intentions to consider strategic alternatives including mergers or liquidation, leading to a 24.3% rise in premarket trading.

In the premarket session, shares of High Roller Technologies Inc (NYSE: ROLR), a Las Vegas-based operator in the online gaming sector, experienced a significant uptick following the completion of a registered direct offering. The company disclosed that it successfully sold 1.89 million common shares at a price of $13.21 per share, generating gross proceeds of roughly $25 million before commissions and fees were deducted.

This capital infusion prompted, before the opening bell, an approximate 29.6% surge in High Roller Technologies‟ stock price, with shares trading around $10.21. This movement reflects the market's positive reception to the company's recent fundraising activity, which aims at strengthening its financial position.

Beyond High Roller Technologies, there were other substantial price movements among equities during premarket trading, reflecting varied developments within numerous firms.

Notable Gainers:

  • iOThree Ltd (NASDAQ: IOTR) recorded a steep increase of 80.2%, reaching $5.28, following a 12% gain in the previous trading day.
  • American Rebel Holdings Inc (NASDAQ: AREB) surged 53.1% to $0.67 ahead of trading, propelled by the announcement of a reverse stock split scheduled for February 2, where one share will be exchanged for twenty shares.
  • Aurelion Inc (NASDAQ: AURE) climbed 25.7% to $0.33, augmenting a gain of 4% from Wednesday.
  • IO Biotech Inc (NASDAQ: IOBT) rose by 24.3% to $0.26 premarket, rebounding after a substantial decline of around 60% the day before. The company revealed intentions to pursue strategic alternatives, including possible mergers, asset sales, business combinations, or liquidation, in addition to evaluating workforce reductions and cost-saving initiatives to enhance value for shareholders.
  • Cabaletta Bio Inc (NASDAQ: CABA) increased 17.5% to $2.75 premarket, following a 6% rise the previous session.
  • Oragenics Inc (NYSE: OGEN) rose by 14.1% to $1.13 in premarket trading, coinciding with a 13G filing indicating that Sabby Management reported a 9.9% ownership stake in the company as of December 31, 2025.
  • Edible Garden AG Inc (NASDAQ: EDBL) gained 12.9% to $0.65 before the market opened, offsetting a 9% decline from Wednesday.
  • Everspin Technologies Inc (NASDAQ: MRAM) advanced by 11.9% reaching $18.00 premarket, following a 10% uptick the previous day.
  • Moderna Inc (NASDAQ: MRNA) increased 5.5% to $52.54 in early trading. This movement came after Moderna and Merck & Co Inc (NYSE: MRK) published updated five-year median follow-up data from their Phase 2b KEYNOTE-942/mRNA-4157-P201 trial, testing an individualized mRNA-based neoantigen therapy in conjunction with Merck’s KEYTRUDA for patients with high-risk melanoma who have had complete tumor removal.

Significant Losers:

  • Galaxy Payroll Group Ltd (NASDAQ: GLXG) declined 21.5% to $1.93 before the market opened, following a 12% drop in the prior session.
  • Boxlight Corp (NASDAQ: BOXL) fell 18.7% to $1.48 premarket, after having surged 46% the previous day.
  • Twin Vee Powercats Co (NASDAQ: VEEE) dipped 17.2% to $1.30 in premarket trading, despite a 5% gain on Wednesday.
  • Global Interactive Technologies Inc (NASDAQ: GITS) shares decreased by 17.1% to $1.41 in early trading, subsequent to a 98% jump the day before.
  • Pineapple Financial Inc (NYSE: PAPL) fell 17% to $1.17 before markets opened, following a 46% increase on Wednesday that was fueled by the release of first-quarter financial results.
  • Pulsenmore Ltd (NASDAQ: PLSM) saw a decline of 17%, with shares at $6.10 premarket, after a 22% drop in the previous session.
  • CCSC Technology International Holdings Ltd (NASDAQ: CCTG) tumbled 16.1% to $0.082 before the market open following a 12% loss the day before, coinciding with an announcement of a 1-for-10 reverse stock split.
  • Xwell Inc (NASDAQ: XWEL) dropped 13.8% to $0.37 in early trading, reversing gains of more than 15% the previous day.
  • Aura Biosciences Inc (NASDAQ: AURA) decreased 7% to $5.10 premarket after experiencing a 10% increase on Wednesday.
  • GoldMining Inc (NYSE: GLDG) was down 5.5% to $1.55 before trading commenced.

These movements in stock prices reflect the dynamic and sometimes volatile nature of premarket trading, where announcements such as capital raises, corporate restructurings, strategic reviews, and regulatory filings can notably affect investor sentiment and trading behavior.


The substantial rise in High Roller Technologies‟ shares highlights investor approval of the company‟s recent capital raising efforts. The $25 million gross proceeds from the direct offering are expected to enhance the company's liquidity and potentially fuel future operational or strategic initiatives. Meanwhile, the diverse reactions among other stocks indicate varying investor responses tied to company-specific news ranging from reverse stock splits and strategic reviews to clinical trial updates and stake acquisitions.

Risks
  • The price volatility of High Roller Technologies shares indicates potential fluctuations post-offering, which could affect investor returns.
  • IO Biotech's consideration of mergers, asset sales, or liquidation suggests operational uncertainty and potential impact on shareholder value.
  • Reverse stock splits, such as the one announced by American Rebel Holdings and CCSC Technology, often reflect attempts to meet listing requirements and may carry execution risks.
  • Stocks experiencing large premarket gains or losses, like Boxlight Corp and Global Interactive Technologies, demonstrate heightened market sensitivity and possible speculative trading risks.
Disclosure
Education only / not financial advice
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Ticker Sentiment
ROLR - positive AREB - positive AURA - negative IOTR - positive AURE - positive
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