Day One Begins Public Offering Of $150M Of Shares Of Its Common Stock.
Portfolio Pulse from Benzinga Newsdesk
Day One has initiated a public offering of $150 million of its common stock, with an additional 30-day option for underwriters to purchase up to $22.5 million more shares at the public offering price.
June 06, 2023 | 8:03 pm
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Day One's public offering of $150M in common stock may impact its stock price, with an additional 30-day option for underwriters to purchase up to $22.5M more shares.
The public offering of $150 million in common stock by Day One may lead to fluctuations in its stock price. However, the short-term impact is uncertain as it depends on the market's reaction to the offering and the potential additional purchase of shares by underwriters.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100