Nayax Filed For Mixed Shelf Of Up To $70m; In Addition, Offering Of Up To 1.3M Ordinary Shares By Selling Shareholders
Portfolio Pulse from Charles Gross
Nayax has filed for a mixed shelf of up to $70 million. In addition, an offering of up to 1.3 million ordinary shares is being made by selling shareholders.
October 02, 2023 | 10:40 am
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Nayax's filing for a mixed shelf of up to $70 million and an additional offering of up to 1.3 million ordinary shares could potentially dilute existing shareholders' equity.
The filing for a mixed shelf of up to $70 million and an additional offering of up to 1.3 million ordinary shares by Nayax could potentially dilute the equity of existing shareholders, which may lead to a decrease in the stock price in the short term.
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