Carmell Files For Resale Of Up To 1.3M Common Shares By The Selling Stockholders
Portfolio Pulse from Benzinga Newsdesk
Carmell Therapeutics has filed with the SEC for the resale of up to 1.3 million common shares by the selling stockholders. This move indicates a potential increase in the company's public float, which could have various impacts on its stock price.
May 10, 2024 | 8:31 pm
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The SEC filing for the resale of up to 1.3 million common shares by selling stockholders could lead to increased liquidity for Carmell Therapeutics' stock but may also result in downward pressure on the stock price due to the potential increase in supply.
The resale of a significant number of shares typically increases the stock's liquidity, which can be positive. However, it also increases the available supply of the stock, which can lead to downward pressure on the stock price, especially if demand does not match the increased supply.
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