hello, new to this board and somewhat new (2 years) to the stock market. I am invested in a bio company called EMIS that is looking to do an "equity financing" to raise money. I understand this to be Emis selling shares to an invester in exchange for cash. My question is will this lower the stock price? Is it the same as dilution where the share are sold right away? The stock has very little volume right now and the pps could not sustain any kind of heavy duty selling without being destroyed...thanks in advance to anyone who cares to answer...
I don't always drink beer, but when I do, I prefer Dos Equis..
Stay thirsty, my friends !!