OKYO Pharma Files Mixed Shelf Offering Of Up To $100M
Portfolio Pulse from Benzinga Newsdesk
OKYO Pharma has filed a mixed shelf offering of up to $100 million, according to an SEC filing.
June 08, 2023 | 8:19 pm
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OKYO Pharma's mixed shelf offering of up to $100 million may impact its stock price in the short term.
OKYO Pharma's mixed shelf offering of up to $100 million may lead to dilution of existing shares, which could impact the stock price. However, the funds raised could also be used for growth and expansion, potentially offsetting any negative effects. The overall impact on the stock price is uncertain in the short term.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100