Stifel Financial Corp Files For Mixed Shelf; Size Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Stifel Financial Corp has filed for a mixed shelf offering, according to a SEC filing. The size of the offering has not been disclosed.
September 14, 2023 | 8:11 pm
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Stifel Financial 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. While it provides flexibility and quick access to capital, it could lead to share dilution if the company issues more shares. The impact on Stifel Financial's stock price will depend on the size and pricing of the offering, which have not been disclosed yet.
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