$Sea (SE.US)$ Sea aims to raise US$6.3 billion in the larges...

$Sea (SE.US)$ Sea aims to raise US$6.3 billion in the largest equity offering of the year, a deal that will propel a global expansion and acquisitions for Southeast Asia’s largest company.

The online gaming and e-commerce firm backed by Tencent Holdings Ltd. is offering 11 million shares, a stake worth about US$3.8 billion at Wednesday’s close. It also intends to issue US$2.5 billion of equity-linked debt. Sea, which has risen more than 70% this year, fell in post-marketing trading in New York

this is issuing new shares 11m x $343 =3773 M or 3.8B fund..

so share price will be diluted with more shares.

currently sea has 531.97M outstanding shares. so 11/531.97 = 2% adjustment on stock price.

yst sea closed at $343.8 around 2% drop.

so later will sea drop another 2% just for this new share issuance?

then plus market sentiment with hk tencent dropped -8.48% today, will sea drop affected at least 3% (25% sea owned by tencent)?

if add together then it will drop 5% today when open?