Aspira Women's Health Announces $4.7M Registered Direct Offering Of 1,694,820 Shares Of The Company's Common Stock For $2.75/Share And $3.98/Share To The Directors And Officers Of the Company
Portfolio Pulse from Benzinga Newsdesk
Aspira Women's Health has announced a registered direct offering of 1,694,820 shares of the company's common stock at $2.75/share and $3.98/share to the directors and officers of the company, raising $4.7M.
July 20, 2023 | 12:43 pm
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Aspira Women's Health's direct offering of shares to its directors and officers could potentially dilute the value of existing shares, impacting the stock price.
The direct offering of shares increases the total number of shares in circulation, which can dilute the value of existing shares. This could potentially lead to a decrease in the stock price in the short term.
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