Recruiter.com Announces $400K Registered Direct Offering Of 400K Shares At A Price Of $1/Share
Portfolio Pulse from Benzinga Newsdesk
Recruiter.com Group, Inc. (NASDAQ:RCRT)(NASDAQ:RCRTW) announced a registered direct offering of 400,000 shares at $1 per share, expected to close around June 5, 2024.
June 03, 2024 | 7:57 pm
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Recruiter.com Group, Inc. (NASDAQ:RCRT) announced a registered direct offering of 400,000 shares at $1 per share, expected to close around June 5, 2024.
The issuance of new shares at a fixed price of $1 per share could dilute existing shareholders' equity, potentially leading to a short-term decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Recruiter.com Group, Inc. (NASDAQ:RCRTW) announced a registered direct offering of 400,000 shares at $1 per share, expected to close around June 5, 2024.
The issuance of new shares at a fixed price of $1 per share could dilute existing shareholders' equity, potentially leading to a short-term decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100