To make the company look better.
Usually has the effect of reduction of SP in the short/medium term, especially if they do a CR down the road (not likely in this case).
It does nothing to the balance sheet.
DEALROOM
New Feature Announcement!
We’re excited to introduce the DealRoom portal, now live on site, providing users with exciting access to private equity opportunities for both pre-IPO and publicly listed companies.
See full details by selecting the new menu item named 'DealRoom' on our main menu bar or click below.
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