Edible Garden Filed For Mixed Shelf Of Up To $50M
Portfolio Pulse from Charles Gross
Edible Garden has filed for a mixed shelf offering of up to $50 million.

July 11, 2023 | 9:26 pm
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Edible Garden's filing for a mixed shelf offering of up to $50 million could potentially dilute existing shareholders' equity.
A mixed shelf offering allows a company to issue multiple types of securities (stocks, bonds, etc.) up to a certain value over a specified period. While this can provide the company with flexibility and immediate access to capital, it can also lead to dilution of existing shareholders' equity, potentially leading to a decrease in the stock price.
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