Brady Corp Files For Mixed Shelf; Size Not Disclosed
Portfolio Pulse from Happy Mohamed
Brady Corp has filed for a mixed shelf offering, according to a SEC filing. The size of the offering has not been disclosed.

September 05, 2023 | 4:31 pm
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Brady Corp's filing for a mixed shelf offering could potentially dilute existing shares, depending on the size and pricing of the offering.
A mixed shelf offering allows a company to issue various types of securities (stocks, bonds, etc.) over a certain period. The impact on the stock price depends on the size and pricing of the offering. If the offering is large and/or priced below the current market price, it could dilute existing shares and put downward pressure on the stock price.
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