Follow-on offerings often result in the dilution of existing shares, which can lead to a decrease in stock price as the market adjusts to the increased number of shares available. The direct mention of GMM and the specific financial action of a follow-on offering suggest a high relevance and importance to the company's stock price. The confidence level is high due to the typical market reaction to such offerings, although it is not at 100 because market conditions can vary and other factors may influence the stock price.