Secondary stock offerings can have mixed impacts on a company's stock price. On one hand, they can dilute existing shareholders' equity, potentially leading to a short-term decrease in stock price. On the other hand, if the market perceives the offering as a means for the company to raise capital for growth or debt reduction, it could have a neutral or even positive effect in the short term. Given the lack of specific details on the use of proceeds from the offering, the short-term impact on LSEA's stock price is considered neutral.