Captivision Files Prospectus Relates To Resale From Time To Time Of Up To 30.3M Ordinary Shares By Selling Stockholders
Portfolio Pulse from Benzinga Newsdesk
Captivision has filed a prospectus with the SEC for the resale of up to 30.3 million ordinary shares by selling stockholders.
June 18, 2024 | 7:31 pm
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Captivision has filed a prospectus with the SEC for the resale of up to 30.3 million ordinary shares by selling stockholders. This could lead to increased supply of shares in the market, potentially putting downward pressure on the stock price in the short term.
The filing of a prospectus for the resale of a large number of shares typically increases the supply of shares in the market. This can lead to downward pressure on the stock price as selling stockholders may look to liquidate their holdings.
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