The filing of an F-3ASR form by Patria Investments suggests that the company may be planning to issue additional stock, which could lead to dilution of existing shares. While the size of the offering is not disclosed, the mere possibility of dilution often leads to a negative perception among investors, potentially causing a short-term decrease in stock price. The impact is considered highly relevant as it directly pertains to the company's equity and is important for investors to monitor. The confidence level is high due to the typical market reaction to such filings, although the exact size and timing of the offering are unknown.