Rollins Inc Files For Mixed Shelf Of Up To $1.5B; Files For Offering Of Up To 249M Shares Of Common Stock By Selling Stockholders
Portfolio Pulse from Benzinga Newsdesk
Rollins Inc has filed for a mixed shelf offering of up to $1.5 billion and an offering of up to 249 million shares of common stock by selling stockholders.
June 05, 2023 | 8:22 pm
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Rollins Inc's mixed shelf offering of up to $1.5B and offering of up to 249M shares of common stock by selling stockholders may impact its stock price.
Rollins Inc's mixed shelf offering and share offering by selling stockholders may lead to increased liquidity and potential dilution of existing shares. However, the impact on the stock price will depend on market conditions and investor sentiment at the time of the offerings.
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