The Marygold Companies, Inc. Announces Proposed Public Offering of Common Stock
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The Marygold Companies, Inc. (NYSE American: MGLD) has announced a public offering of its common stock, with an option for the underwriter to purchase an additional 15% of shares. This move is likely to impact the company's stock price in the short term.
January 24, 2025 | 9:30 pm
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The Marygold Companies, Inc. is initiating a public offering of its common stock, which could lead to a short-term decrease in stock price due to potential dilution.
The announcement of a public offering typically leads to a short-term decrease in stock price due to dilution concerns. The offering includes an option for the underwriter to purchase an additional 15% of shares, which could further impact the stock price.
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