Lazydays Updates Rights Offering Terms, Announces Expected Pricing For Up To $100M Rights Offering
Portfolio Pulse from Benzinga Newsdesk
Lazydays Holdings, Inc. (LAZY) has updated the terms of its rights offering and announced expected pricing for up to $100 million. The company has not provided specific details about the changes in the terms.
October 12, 2023 | 10:03 am
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Lazydays Holdings, Inc. (LAZY) has updated its rights offering terms and announced expected pricing for up to $100 million. The impact of these changes on the stock price will depend on the specifics of the updated terms, which have not been provided.
The announcement of a rights offering can have a mixed impact on a company's stock price. It could lead to a decrease in the stock price due to the potential dilution of shares. However, it could also be seen as a positive sign of the company's growth prospects, leading to an increase in the stock price. The specifics of the updated terms, which have not been provided, will play a crucial role in determining the direction of the impact.
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