Lear Corp Files For Mixed Shelf; Size Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Lear Corp has filed for a mixed shelf offering, according to an SEC filing. The size of the offering has not been disclosed.
August 04, 2023 | 11:16 am
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Lear Corp's filing for a mixed shelf offering could potentially dilute existing shares, depending on the size and terms of the offering.
A mixed shelf offering allows a company to issue various types of securities (stocks, bonds, etc.) over a certain period. Depending on the size and terms of the offering, it could dilute existing shares, which may negatively impact the stock price in the short term.
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