Reported Earlier, Bowhead Specialty Prices 4M Common Share Secondary Offering At $29/Share
Portfolio Pulse from Benzinga Newsdesk
Bowhead Specialty has priced a secondary offering of 4 million common shares at $29 per share.
October 24, 2024 | 7:18 am
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Bowhead Specialty has announced a secondary offering of 4 million common shares at $29 per share, which could impact the stock price.
The secondary offering increases the supply of shares, which can lead to a decrease in stock price due to dilution. The offering price of $29 may also set a short-term price ceiling.
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