Brainsway Files For Mixed Shelf Of Up To $100M
Portfolio Pulse from Benzinga Newsdesk
Brainsway has filed for a mixed shelf offering of up to $100 million, according to an SEC filing.
July 22, 2024 | 8:05 pm
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Brainsway has filed for a mixed shelf offering of up to $100 million, which could lead to potential dilution of shares and impact stock prices.
A mixed shelf offering allows the company to issue various types of securities, which could lead to dilution of existing shares. This often results in a short-term negative impact on stock prices as the market adjusts to the potential increase in supply.
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