Horizon Technology Finance Corporation Announces Offering Of 3.25M Shares Of Common Stock
Portfolio Pulse from Benzinga Newsdesk
Horizon Technology Finance Corporation (HRZN) has announced an offering of 3.25 million common stock shares.
May 30, 2023 | 8:37 pm
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HRZN announces a 3.25 million common stock offering, which may impact its stock price in the short term.
The announcement of a common stock offering by HRZN may lead to a short-term negative impact on its stock price, as the market adjusts to the increased supply of shares. This is a common reaction to stock offerings, as investors may perceive the increased supply as dilution of their holdings.
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