Peapack-Gladstone Financial Corp Files For Mixed Shelf Offering Of Up To $150M
Portfolio Pulse from Benzinga Newsdesk
Peapack-Gladstone Financial Corp has filed for a mixed shelf offering of up to $150 million, according to an SEC filing.
July 16, 2024 | 8:35 pm
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Peapack-Gladstone Financial Corp has filed for a mixed shelf offering of up to $150 million, which could impact its stock price in the short term.
A mixed shelf offering allows the company to issue various types of securities, which can lead to dilution of existing shares and potentially lower the stock price in the short term.
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