Crown Electrokinetics Said It May Offer Up To $9.8M Common Stock From Time To Time
Portfolio Pulse from Charles Gross
Crown Electrokinetics has announced that it may offer up to $9.8M of common stock from time to time. The details of the potential offering are available on the SEC website.
September 26, 2023 | 9:08 pm
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Crown Electrokinetics' potential offering of up to $9.8M of common stock could dilute existing shares, potentially impacting the stock price.
The announcement of a potential stock offering often leads to a decrease in the stock price due to the dilution of existing shares. The magnitude of the impact will depend on the details of the offering and market reaction.
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IMPORTANCE 80
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