Intelligent Bio Solutions Inc Entered Into At Market Offering Agreement With Ladenburg Thalmann & Co.
Portfolio Pulse from Benzinga Newsdesk
Intelligent Bio Solutions Inc has entered into an at-market offering agreement with Ladenburg Thalmann & Co. This agreement could impact the company's stock price as it involves the issuance of new shares.

September 18, 2024 | 8:24 pm
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Intelligent Bio Solutions Inc has entered into an at-market offering agreement with Ladenburg Thalmann & Co. This agreement involves the issuance of new shares, which could affect the stock price.
The at-market offering agreement suggests that Intelligent Bio Solutions Inc will issue new shares, which typically dilutes existing shares and can lead to a decrease in stock price. This is a significant event for the company, hence the high relevance and importance scores.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100