Replies to post #1138 on Hyliion Holdings Corp (HYLN)

[fung_derf]

Well, not entirely. The company is currently buying back shares.

Jack_Bolander

Re: Televet post# 761

Saturday, October 24, 2020 8:02:11 AM

Post#
762
of 1138
Since Hyliion has no revenues or positive cash flow, it will need to raise additional monies in order to keep the lights on.

This registration puts the market and existing shareholders on notice that the company will be issuing more shares, diluting existing shareholders and the present value of their shares.

Usually after an announcement like this, the share price falls in direct proportion to the diluting. 15% dilute , 15% drop in the share price.