Simmons First National Files For Mixed Shelf; Size Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Simmons First National Corporation (SFNC) has filed for a mixed shelf offering with the SEC. The size of the offering has not been disclosed.
May 17, 2024 | 8:22 pm
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Simmons First National Corporation (SFNC) has filed for a mixed shelf offering with the SEC. The size of the offering has not been disclosed, which could lead to uncertainty in the short term.
The filing for a mixed shelf offering indicates that SFNC may issue new securities, which could dilute existing shares. However, the lack of disclosed size adds uncertainty, making the short-term impact neutral until more details are available.
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