Sound Point Meridian Capital Commences Underwritten Public Offering Of Its Series A Preferred Shares; No Terms Disclosed
Portfolio Pulse from Benzinga Newsdesk
Sound Point Meridian Capital has announced the commencement of an underwritten public offering of its Series A Preferred Shares. The terms of the offering have not been disclosed.
October 30, 2024 | 9:30 pm
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Sound Point Meridian Capital is initiating an underwritten public offering of its Series A Preferred Shares, though specific terms are not yet available.
The announcement of a public offering can impact stock prices depending on the terms and market reception. However, since the terms are undisclosed, the immediate impact is neutral until more information is available.
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