ITT Files For Mixed Shelf; Size Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
ITT Inc. has filed a mixed shelf registration with the SEC, although the size of the offering has not been disclosed. This move allows ITT to offer and sell various securities, such as common stock, preferred stock, debt securities, and warrants, over time.
November 01, 2024 | 9:08 pm
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ITT Inc. has filed a mixed shelf registration with the SEC, enabling it to offer and sell different types of securities over time. The size of the offering has not been disclosed.
The filing of a mixed shelf registration indicates ITT's intention to potentially raise capital through the sale of securities. However, the lack of disclosure on the size of the offering makes it difficult to assess the immediate impact on the stock price. Investors may view this as a neutral event until more details are provided.
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