On August 12, 2024, American Superconductor Filed A Prospectus For Resale Of Up To 1.3M Shares Of Common Stock With The SEC
Portfolio Pulse from Benzinga Newsdesk
On August 12, 2024, American Superconductor filed a prospectus for the resale of up to 1.3 million shares of common stock with the SEC.
August 13, 2024 | 3:24 pm
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American Superconductor filed a prospectus for the resale of up to 1.3 million shares of common stock with the SEC, which could lead to increased stock supply and potential short-term price pressure.
The filing for the resale of up to 1.3 million shares of common stock could increase the supply of shares in the market, potentially leading to downward pressure on the stock price in the short term.
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