MicroCloud Hologram Inc Files For Mixed Shelf Of Up To $100M
Portfolio Pulse from Benzinga Newsdesk
MicroCloud Hologram Inc has filed for a mixed shelf offering of up to $100 million, according to a SEC filing.

September 22, 2023 | 8:21 pm
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MicroCloud Hologram Inc's filing for a mixed shelf offering could potentially dilute existing shareholders' equity.
A mixed shelf offering allows a company to issue various types of securities such as stocks, bonds, or other forms of investment. While this can provide the company with needed capital, it can also dilute the value of existing shares, potentially leading to a decrease in the stock price.
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