inTEST Corp Files Prospectus For Up To $100M Offering
Portfolio Pulse from Benzinga Newsdesk
inTEST Corp has filed a prospectus for an offering of up to $100 million. The offering may include shares of common stock, preferred stock, warrants, purchase contracts, rights, units, or a combination of these securities. The securities will be sold directly to purchasers or through agents, underwriters, or dealers. The company's common stock is listed on NYSE American under the symbol 'INTT'.
November 09, 2023 | 10:00 pm
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inTEST Corp's filing of a prospectus for a $100 million offering could potentially dilute the value of existing shares, impacting the stock price.
The offering of new securities could lead to dilution of the value of existing shares, which could negatively impact the stock price in the short term.
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IMPORTANCE 80
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