Giftify, Inc. Announces Pricing of $600,000 Public Offering of Common Stock with No Warrants
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Giftify, Inc. has announced a public offering of 600,000 shares of common stock at $1.00 per share, aiming to raise $600,000. The offering is expected to close on January 16, 2025.
January 15, 2025 | 2:45 pm
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Giftify, Inc. is conducting a public offering of 600,000 shares at $1.00 each, aiming to raise $600,000. This move could impact the stock price due to dilution and market perception.
The issuance of new shares can lead to stock dilution, potentially putting downward pressure on the stock price. The market's perception of the company's need for capital and the use of proceeds can also influence the stock's short-term performance.
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