Great Ajax Corp Filed For Shelf Of Up To 12M Shares Of Common Stock By Selling Stockholders
Portfolio Pulse from Charles Gross
Great Ajax Corp has filed for a shelf registration of up to 12 million shares of common stock by selling stockholders, as indicated in their S-3 filing.
May 23, 2024 | 10:08 am
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Great Ajax Corp has filed for a shelf registration of up to 12 million shares of common stock by selling stockholders. This could lead to potential dilution of existing shares and impact the stock price.
The filing for a shelf registration of up to 12 million shares by selling stockholders suggests that there could be a significant increase in the supply of shares available in the market. This potential dilution could negatively impact the stock price in the short term.
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