OneStream Announces Full Exercise of Underwriters' Option to Purchase Additional Shares in Secondary Offering of Class A Common Stock
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OneStream, Inc. announced that underwriters have fully exercised their option to purchase an additional 2,250,000 shares of Class A common stock at $31.00 per share, following a public offering of 15,000,000 shares.
November 27, 2024 | 10:15 pm
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OneStream's underwriters have exercised their option to purchase an additional 2,250,000 shares at $31 per share, following a recent public offering.
The full exercise of the underwriters' option to purchase additional shares indicates strong demand for OneStream's stock. However, the increase in available shares could dilute existing shares, potentially balancing out any positive price impact from the demand signal.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 90