Brookline Bancorp Inc Files For Mixed Shelf Of Up To $200M
Portfolio Pulse from Happy Mohamed
Brookline Bancorp Inc has filed for a mixed shelf of up to $200 million, according to a SEC filing.
July 14, 2023 | 8:08 pm
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Brookline Bancorp's filing for a mixed shelf of up to $200M could potentially dilute existing shareholders' equity.
The filing for a mixed shelf offering allows Brookline Bancorp to issue new securities in the future. This could potentially dilute the equity of existing shareholders, leading to a negative short-term impact on the stock price.
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