NeuroOne Medical Technologies Corp Files For Mixed Shelf Offering Of Up To $150M
Portfolio Pulse from Benzinga Newsdesk
NeuroOne Medical Technologies Corp has filed for a mixed shelf offering of up to $150 million. This move allows the company to issue various types of securities, including common stock, preferred stock, debt securities, and warrants, over time.
May 31, 2024 | 8:22 pm
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NeuroOne Medical Technologies Corp has filed for a mixed shelf offering of up to $150 million. This allows the company to issue different types of securities, which could lead to stock dilution and impact the stock price.
The mixed shelf offering allows NeuroOne Medical Technologies Corp to issue various securities, which could lead to stock dilution. This is generally perceived negatively by investors as it can decrease the value of existing shares.
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