China Pharma Announces the Entry of "At-The-Market" Equity Offering
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China Pharma Holdings, Inc. has announced an 'At-The-Market' equity offering, allowing the company to sell shares of common stock with an aggregate offering price of up to $600,000. This move is part of a Securities Purchase Agreement with an investor.
December 13, 2024 | 1:15 pm
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China Pharma Holdings has initiated an 'At-The-Market' equity offering to raise up to $600,000. This could lead to stock dilution, potentially impacting the stock price negatively in the short term.
The announcement of an 'At-The-Market' equity offering suggests that China Pharma Holdings is looking to raise capital by issuing new shares. This can lead to stock dilution, which often results in a decrease in stock price as the value of existing shares is diluted. The offering is significant, with a potential raise of $600,000, indicating a substantial impact on the company's financial strategy and stock valuation.
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