Smart Powerr Corp Files For Mixed Shelf Of Up To $50M
Portfolio Pulse from Benzinga Newsdesk
Smart Powerr Corp has filed with the SEC for a mixed shelf offering of up to $50 million. This move allows the company to issue various types of securities, which could be used for general corporate purposes, including debt repayment, acquisitions, or capital expenditures.
August 19, 2024 | 5:52 pm
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Smart Powerr Corp's filing for a $50M mixed shelf offering indicates potential new securities issuance. This could impact the company's capital structure and financial strategy.
The filing allows Smart Powerr Corp to issue various securities, which could affect its capital structure and financial strategy. However, the exact impact depends on how the company utilizes the offering.
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