PolyPid Files For Resale Of Up To 3.9M Ordinary Shares By Selling Shareholders
Portfolio Pulse from Benzinga Newsdesk
PolyPid has filed with the SEC for the resale of up to 3.9 million ordinary shares by selling shareholders. This move could impact the stock's supply and demand dynamics.
August 30, 2024 | 8:04 pm
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PolyPid's filing for the resale of up to 3.9 million ordinary shares by selling shareholders may increase the stock's supply, potentially affecting its price.
The resale of a significant number of shares can increase the supply in the market, which may lead to downward pressure on the stock price if demand does not match the increased supply.
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