Avinger Said On September 18, 2023, The Company Increased The Amount Available For Sale By Up To An Additional Aggregate Offering Price Of $2,133,181; On September 20, 2023, The Company Increased The Amount Available Up To An Additional $1,074,690
Portfolio Pulse from Charles Gross
Avinger has increased the amount available for sale by an additional aggregate offering price of $2,133,181 on September 18, 2023, and by another $1,074,690 on September 20, 2023.
September 21, 2023 | 10:21 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Avinger's decision to increase the amount available for sale could potentially dilute the value of existing shares, which may negatively impact the stock price in the short term.
When a company increases the amount available for sale, it often means issuing more shares. This can dilute the value of existing shares, leading to a potential decrease in the stock price. However, the actual impact will depend on how the market perceives this move and the company's overall financial health.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100