Farmmi Files For $100M Mixed Securities Shelf Offering
Portfolio Pulse from Benzinga Newsdesk
Farmmi has filed for a $100 million mixed securities shelf offering under Form F-3.
June 20, 2024 | 8:21 pm
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Farmmi has filed for a $100 million mixed securities shelf offering under Form F-3, which could lead to potential dilution of existing shares.
The filing for a $100 million mixed securities shelf offering indicates that Farmmi may issue new shares or other securities, which could dilute the value of existing shares. This is generally viewed negatively by investors in the short term.
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