Ekso Bionics Filed For Mixed Shelf Of Up To $75M
Portfolio Pulse from Charles Gross
Ekso Bionics has filed for a mixed shelf offering of up to $75 million, allowing the company to issue various securities in the future.
June 12, 2023 | 9:36 pm
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Ekso Bionics filed for a mixed shelf offering of up to $75 million, which may lead to dilution of existing shares and short-term downward pressure on the stock.
The mixed shelf offering allows Ekso Bionics to issue various securities in the future, which may lead to dilution of existing shares. This can cause short-term downward pressure on the stock price as investors anticipate the potential dilution and adjust their positions accordingly.
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