Wag! Group Announced The Pricing Of Its Underwritten Public Offering Of 7,407,407 Shares Of Its Common Stock At A Price To The Public Of $1.35 Per Share
Portfolio Pulse from Benzinga Newsdesk
Wag! Group announced the pricing of its underwritten public offering of 7,407,407 shares of its common stock at $1.35 per share.
July 17, 2024 | 11:30 am
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Wag! Group has priced its public offering of 7,407,407 shares at $1.35 per share, which could lead to short-term stock price volatility.
The announcement of a public offering typically leads to short-term stock price volatility due to the dilution of existing shares. The offering price of $1.35 per share may also influence investor sentiment.
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