BranchOut Food Announced The Pricing Of Its Underwritten Public Offering Of 1,750,000 Shares Of Common Stock At A Public Offering Price Of $0.80 Per Share
Portfolio Pulse from Benzinga Newsdesk
BranchOut Food has announced the pricing of its underwritten public offering of 1,750,000 shares of common stock at $0.80 per share.
June 27, 2024 | 7:09 am
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BranchOut Food has priced its public offering of 1,750,000 shares at $0.80 per share, which could lead to short-term stock price volatility.
The announcement of a public offering typically leads to a dilution of existing shares, which can result in a short-term decrease in stock price. The offering price of $0.80 per share may also set a new reference point for the stock's value.
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