storeria on Nostr: This is part of setting up a deal with Jefferies LLC to sell them up to 45 million ...
This is part of setting up a deal with Jefferies LLC to sell them up to 45 million shares (in amounts and at times chosen by GME) via an “at the market” offering. Public companies do this sometimes when their stock price is high or they expect it to go higher but the filing can also have a depressing effect on price since it’s “inflationary” in terms of outstanding shares.
Published at
2024-05-18 17:31:06Event JSON
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