Amprius Technologies Entered Into An At Market Issuance Sales Agreement With B. Riley Securities, Cantor Fitzgerald And H.C. Wainwright Under Which The Company May Offer And Sell, From Time To Time Up To $100M In Shares
Portfolio Pulse from Charles Gross
Amprius Technologies has entered into an At Market Issuance Sales Agreement with B. Riley Securities, Cantor Fitzgerald, and H.C. Wainwright. Under this agreement, Amprius may offer and sell up to $100 million in shares of its common stock, from time to time, through these sales agents.
October 03, 2023 | 10:44 am
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Amprius Technologies may sell up to $100 million in shares, potentially diluting existing shareholders' equity.
The announcement of a potential sale of up to $100 million in shares could lead to dilution of existing shareholders' equity. This could put downward pressure on the stock price in the short term.
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