Nauticus Robotics May Now Offer & Sell Shares Of Common Stock Offering Price Of Up To $8.4M From Time To Time Through Or To Wainwright
Portfolio Pulse from Benzinga Newsdesk
Nauticus Robotics has filed with the SEC to offer and sell shares of common stock worth up to $8.4 million through or to Wainwright.
June 11, 2024 | 3:33 pm
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Nauticus Robotics has filed with the SEC to offer and sell shares of common stock worth up to $8.4 million through or to Wainwright. This could lead to dilution of existing shares and impact the stock price.
The offering of new shares can lead to dilution of existing shares, which typically puts downward pressure on the stock price. The involvement of Wainwright suggests a structured approach to the offering, but the potential dilution is a key concern for investors.
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