Blue Hat Interactive Entertainment Technology Files For Mixed Shelf Of Up To $150M
Portfolio Pulse from Benzinga Newsdesk
Blue Hat Interactive Entertainment Technology has filed for a mixed shelf of up to $150 million, according to an SEC filing.
October 06, 2023 | 8:14 pm
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Blue Hat Interactive Entertainment Technology's filing for a mixed shelf of up to $150 million could potentially dilute existing shares, impacting the stock price.
A mixed shelf offering allows a company to issue multiple types of securities (stocks, bonds, etc.) up to a certain value, in this case, $150 million. This could lead to dilution of existing shares, which may negatively impact the stock price in the short term.
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