Motus GI Holdings Inc Files Prospectus Related To Resale Of Up To 4.4M Shares Of Common Stock, By The Selling Stockholder
Portfolio Pulse from Benzinga Newsdesk
Motus GI Holdings Inc has filed a prospectus with the SEC for the resale of up to 4.4 million shares of common stock by a selling stockholder.
March 22, 2024 | 8:30 pm
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The filing for the resale of up to 4.4 million shares by a selling stockholder could potentially increase the supply of MOTS shares in the market.
The resale of a significant number of shares could lead to an increased supply of MOTS shares in the market. This increased supply, without a corresponding increase in demand, could potentially lead to a decrease in the stock price in the short term.
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IMPORTANCE 75
RELEVANCE 100