Jiayin Group Files For Mixed Shelf Offering Of Up To $200M
Portfolio Pulse from Benzinga Newsdesk
Jiayin Group has filed for a mixed shelf offering of up to $200 million, according to an SEC filing.
June 06, 2024 | 8:03 pm
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Jiayin Group has filed for a mixed shelf offering of up to $200 million, which could lead to potential dilution of existing shares.
The mixed shelf offering allows Jiayin Group to issue various types of securities, which could dilute the value of existing shares. This is generally viewed negatively by investors in the short term.
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