Iris Energy Files For $500M Mixed Securities Shelf
Portfolio Pulse from Benzinga Newsdesk
Iris Energy has filed for a $500 million mixed securities shelf offering. This move allows the company to issue various types of securities, including common stock, preferred stock, debt securities, and warrants, over time. The filing provides Iris Energy with the flexibility to raise capital as needed.
May 15, 2024 | 8:57 pm
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Iris Energy's $500 million mixed securities shelf offering provides the company with the flexibility to issue various types of securities over time, which could be used to raise capital for growth or other corporate purposes.
The mixed securities shelf offering allows Iris Energy to raise capital as needed, which can be positive for the company's growth and financial stability. This flexibility can be seen as a strategic move to support future initiatives.
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