Know Labs Filed For Offering Of 14,814,815 Shares Of Common Stock
Portfolio Pulse from Charles Gross
Know Labs has filed for an offering of 14,814,815 shares of its common stock.
September 20, 2023 | 10:08 am
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Know Labs is offering 14,814,815 shares of its common stock, which could dilute existing shareholders' equity.
The offering of additional shares by Know Labs could lead to dilution of existing shareholders' equity. This could potentially lead to a decrease in the stock's price in the short term as the market adjusts to the increased number of shares.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100