GeoVax Labs May Offer & Sell Shares Of Common Stock With Offering Price Of Upto $4.4M From Time To Time Through Or To A.G.P.
Portfolio Pulse from Benzinga Newsdesk
GeoVax Labs has announced that it may offer and sell shares of its common stock with an offering price of up to $4.4 million through or to A.G.P. This move could impact the company's stock price in the short term.
September 25, 2024 | 9:29 pm
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GeoVax Labs plans to offer and sell shares of common stock worth up to $4.4 million through A.G.P. This could lead to stock price fluctuations.
The announcement of a stock offering can lead to a dilution of existing shares, potentially causing a short-term decrease in stock price. The offering price of up to $4.4 million indicates a significant amount of new shares may enter the market, impacting supply and demand dynamics.
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