InvestorsHub Logo
Followers 7
Posts 292
Boards Moderated 0
Alias Born 08/03/2020

Re: PennyWorld post# 37063

Friday, 03/12/2021 9:25:02 AM

Friday, March 12, 2021 9:25:02 AM

Post# of 44690
Aren't all offerings slightly below current market price? Ones I've seen recently are all at a discount to the large purchaser.

Here is an example I'm familiar with.

July 29, 2020 5:49 AM EDT
Boxlight Corporation (NASDAQ: BOXL) today announced the pricing of its underwritten public offering of 15,000,000 shares of its common stock at a public offering price of $2.00 per share. The gross proceeds from the public offering will be approximately $30.0 million, before deducting underwriting discounts and commissions and estimated offering expenses.



Boxl opened at 3.05 and closed @ 2.85 on July 28th. the day before this was announced.