Hayward Holdings Announces Pricing Of Secondary Offering Of 22,259,780 Shares Of Common Stock By Selling Stockholders
Portfolio Pulse from Benzinga Newsdesk
Hayward Holdings has announced the pricing of a secondary offering of 22,259,780 shares of common stock by selling stockholders.
August 04, 2023 | 2:39 pm
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Hayward Holdings' secondary offering of over 22 million shares could dilute existing shareholders' equity, potentially leading to a short-term decrease in stock price.
Secondary offerings often lead to dilution of existing shareholders' equity, which can result in a decrease in the stock's price. As the news directly pertains to Hayward Holdings, it is highly relevant and important for investors.
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