On January 17, RiskOn International Filed Prospectus To Offer And Sell From Time To Time In One Or More Offerings, Any Combination Of Common Stock, Preferred Stock, Warrants, Rights Or Units Having An Aggregate Initial Offering Price Not Exceeding $25M
Portfolio Pulse from Benzinga Newsdesk
RiskOn International has filed a prospectus with the SEC to potentially offer a mix of securities including common stock, preferred stock, warrants, rights, or units, with a total initial offering price not exceeding $25 million.
January 18, 2024 | 5:27 pm
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RiskOn International may experience stock price volatility following the announcement of its SEC filing to offer a mix of securities totaling up to $25 million.
The filing indicates a potential increase in the company's capital, which could dilute existing shares but also provide funds for growth. The market may react positively if the funds are seen as fuel for expansion, or negatively if dilution is a concern.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100