Harrow Announces Proposed Public Offering of Common Stock; No Size Disclosed
Portfolio Pulse from Benzinga Newsdesk
Harrow Health, Inc. (HROW) has announced a proposed public offering of its common stock. The size of the offering has not been disclosed.
July 18, 2023 | 8:05 pm
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NEGATIVE IMPACT
Harrow Health's announcement of a proposed public offering of its common stock could potentially dilute existing shares, which may lead to a short-term decrease in stock price.
Public offerings often lead to dilution of existing shares, which can result in a decrease in stock price. However, the impact will depend on the size of the offering, which has not been disclosed yet.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100