Rocket Pharmaceuticals Inc Files For Mixed Shelf; Size Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Rocket Pharmaceuticals Inc has filed for a mixed shelf offering with the SEC, though the size of the offering has not been disclosed.
August 16, 2024 | 8:08 pm
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Rocket Pharmaceuticals Inc has filed for a mixed shelf offering with the SEC, but the size of the offering has not been disclosed. This could lead to potential dilution of shares, affecting the stock price in the short term.
A mixed shelf offering allows a company to issue various types of securities, which can lead to dilution of existing shares. The lack of disclosure on the size adds uncertainty, which may negatively impact the stock price in the short term.
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