180 Life Sciences Filed For Offering Of Up To 13.95M Shares By The Selling Stockholder
Portfolio Pulse from Charles Gross
180 Life Sciences Corp. has filed an S-1 form with the SEC for an offering of up to 13.95 million shares by a selling stockholder. The company itself will not receive any proceeds from the sale of these shares.

January 31, 2024 | 10:35 pm
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180 Life Sciences Corp. has registered an offering for a selling stockholder, which could potentially dilute current shareholders' equity but will not provide capital to the company.
The filing of an S-1 for a large offering of shares by a selling stockholder often leads to concerns about dilution of existing shareholders' equity. Although the company is not issuing new shares, the increase in available shares for trading could put downward pressure on the stock price in the short term. The company not receiving any proceeds indicates that the capital structure will not be strengthened by this offering.
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