LifeMD Inc (LFMD)

[pmunch]

LifeMD Files for Shelf Offering of Up to $150 Million in Mixed Securities
3:18 AM ET, 06/09/2021 - MT Newswires
03:18 AM EDT, 06/09/2021 (MT Newswires) -- LifeMD (LFMD) on Tuesday filed a registration statement covering the potential sale of up to $150 million in securities.

The securities, which may be offered from time to time, include common shares, preferred shares, debt securities, warrants and units, according to a filing with the US Securities and Exchange Commission.

Net proceeds from the sale may be used for general corporate purposes, including capital expenditures and possible future acquisitions.

Shares of the telemedicine company were down more than 5% during the after-market trading hours on Tuesday.

Price: 15.85, Change: +2.71, Percent Change