Red Robin Gourmet Burgers Inc Files For Mixed Shelf Of Up To $75M
Portfolio Pulse from Benzinga Newsdesk
Red Robin Gourmet Burgers Inc has filed for a mixed shelf offering of up to $75 million, according to an SEC filing.
June 14, 2024 | 8:33 pm
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Red Robin Gourmet Burgers Inc has filed for a mixed shelf offering of up to $75 million, which could lead to potential dilution of existing shares.
A mixed shelf offering allows the company to issue various types of securities, which could lead to dilution of existing shares and potentially impact the stock price negatively in the short term.
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