Ocugen Inc (NASDAQ:OCGN) shares sank sharply on Wednesday after the biotech company announced a $22.5 million underwritten offering of common stock. Here’s what investors need to know. • Ocugen is trading in a tight range. What’s the outlook for OCGN shares?Dilution Fears Pressure OCGN StockThe company is issuing 15 million new shares at $1.50 apiece, with all shares sold by Ocugen itself, and plans to use the proceeds for general corporate purposes, capital spending and working capital.Equity offerings oft ...