Clene Inc Files For Shelf Of Up To 3M Shares Of Common Stock By Selling Securityholder
Portfolio Pulse from Benzinga Newsdesk
Clene Inc has filed for a shelf of up to 3 million shares of common stock by a selling security holder, according to a SEC filing.
September 22, 2023 | 8:20 pm
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NEGATIVE IMPACT
Clene Inc's filing for a shelf of up to 3 million shares could potentially dilute the value of existing shares, impacting the stock price.
The filing for a shelf of up to 3 million shares by Clene Inc could lead to dilution of the value of existing shares if the shares are sold by the security holder. This could potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100