Hercules Capital Upsizes Its Public Offering To 6.5M Shares Of Common Stock
Portfolio Pulse from Benzinga Newsdesk
Hercules Capital has increased its public offering to 6.5 million shares of common stock.
August 08, 2023 | 5:48 am
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Hercules Capital's decision to increase its public offering could lead to a dilution of shares, potentially impacting the stock price.
Hercules Capital's decision to increase its public offering means more shares will be available in the market. This could lead to a dilution of shares, which often results in a decrease in the stock price as each share represents a smaller fraction of the company's earnings.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100