Netcapital Announces Proposed Public Offering Of Common Stock; Size Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Netcapital Inc. has announced a proposed public offering of its common stock. The size of the offering has not been disclosed.
July 19, 2023 | 8:06 pm
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Netcapital's announcement of a proposed public offering could potentially dilute existing shares, which may negatively impact the stock price in the short term.
When a company issues more shares in a public offering, it can dilute the value of existing shares. This is because the earnings per share (EPS) decrease as the number of shares increase. This can lead to a decrease in the stock price. However, the actual impact will depend on the size of the offering, which has not been disclosed yet.
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