Lilium Filed For Mixed Shelf Of Up To $250M
Portfolio Pulse from charles@benzinga.com
Lilium has filed for a mixed shelf offering of up to $250 million, which could include various types of securities such as common stock, preferred stock, debt securities, and warrants.
July 29, 2024 | 10:03 am
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Lilium has filed for a mixed shelf offering of up to $250 million, which could include various types of securities such as common stock, preferred stock, debt securities, and warrants.
The mixed shelf offering indicates that Lilium is looking to raise capital, which could lead to dilution of existing shares if new equity is issued. This is generally perceived negatively by the market in the short term.
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