"This Prospectus Supplement relates to the sale of up to 2,281,253 shares of SCI Engineered Materials, Inc. common stock (the “Shares”). The Shares are being registered to permit public secondary trading of the shares that are being offered by the selling shareholders named in the prospectus. We are not selling any of the Shares in this offering and therefore will not receive any proceeds from this offering."
It's a bit confusing since the "selling shareholders" are not identified in Prospectus 15. Unless I am totally misunderstanding this (which is always a definite possibility with SEC docs!) looks like major dilution is in the works. What's your take 10-Bagger?
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