Energy Services Of America Corp Files For Mixed Shelf; Size Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Energy Services Of America Corp (ESOA) has filed for a mixed shelf offering with the SEC. The size of the offering has not been disclosed.
June 07, 2024 | 1:11 pm
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Energy Services Of America Corp (ESOA) has filed for a mixed shelf offering with the SEC. The size of the offering has not been disclosed. This could lead to potential dilution of shares, but also provides the company with flexibility to raise capital.
A mixed shelf offering allows the company to issue various types of securities, which could lead to dilution of existing shares. However, it also provides the company with the flexibility to raise capital as needed. The lack of disclosed size adds uncertainty.
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