dentalcorp Announces $100 Million Bought Deal Treasury Offering and Secondary Offering of Subordinate Voting Shares
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dentalcorp Holdings Ltd. announced a $100 million bought deal treasury offering and a secondary offering of subordinate voting shares. The offering is not for distribution in the U.S.
November 18, 2024 | 10:30 pm
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dentalcorp Holdings Ltd. announced a $100 million bought deal treasury offering and a secondary offering of subordinate voting shares, which is not for U.S. distribution.
The announcement of a $100 million bought deal treasury offering and secondary offering of shares could impact the stock price of dentalcorp Holdings Ltd. (DNTCF) by potentially diluting existing shares. However, the impact is neutral in the short term as the offering is not for U.S. distribution, limiting its immediate effect on U.S. investors.
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