AppTech Payments Corp. Prices 2M Share Offering At $1 Per Share
Portfolio Pulse from Benzinga Newsdesk
AppTech Payments Corp. has announced the pricing of a 2 million share offering at $1 per share, aiming to raise capital for its operations.
March 26, 2024 | 12:03 pm
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AppTech Payments Corp. is raising capital through a 2 million share offering priced at $1 per share.
The announcement of a new share offering typically dilutes the value of existing shares, which can lead to a short-term decrease in stock price. Given the size of the offering and the price point, it's likely that investors may view this as dilutive, thus potentially leading to a negative impact on the stock price in the short term.
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