SmartKem Files For Mixed Shelf Offering Of Up To $100M
Portfolio Pulse from Benzinga Newsdesk
SmartKem has filed for a mixed shelf offering of up to $100 million, according to an SEC filing.
August 16, 2024 | 8:09 pm
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SmartKem has filed for a mixed shelf offering of up to $100 million, which could lead to potential dilution of existing shares.
A mixed shelf offering allows the company to issue various types of securities, which can lead to dilution of existing shares and may put downward pressure on the stock price in the short term.
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