MeridianLink Announces Launch Of Proposed 6M Share Common Stock Offering By Selling Shareholder
Portfolio Pulse from Benzinga Newsdesk
MeridianLink has announced a proposed offering of 6 million shares of common stock by a selling shareholder. This move could impact the stock's supply and demand dynamics.
September 26, 2024 | 8:32 pm
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MeridianLink's proposed 6 million share offering by a selling shareholder may increase the stock's supply, potentially affecting its price.
The offering of 6 million shares by a selling shareholder could increase the supply of MeridianLink's stock in the market. This may lead to downward pressure on the stock price due to increased availability, unless there is sufficient demand to absorb the additional shares.
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