Contango ORE Announces Pricing Of $15M Public Offering At $20.50 Per Unit, Including Common Stock And Warrants Exercisable At $26.00 For 36 Months
Portfolio Pulse from Benzinga Newsdesk
Contango ORE has announced the pricing of its public offering at $20.50 per unit, which includes common stock and warrants exercisable at $26.00 for 36 months.
June 11, 2024 | 12:19 pm
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Contango ORE has priced its public offering at $20.50 per unit, which includes common stock and warrants exercisable at $26.00 for 36 months. This could lead to short-term volatility in the stock price as the market reacts to the new offering.
The pricing of the public offering at $20.50 per unit and the inclusion of warrants exercisable at $26.00 for 36 months could lead to short-term volatility as investors digest the news. The offering price is a key factor that could influence the stock's immediate trading behavior.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100