50m new shares.
$Archer Aviation (ACHR.US)$ shareholders diluted by ~15%. I wasn't expecting that big of an equity raise.
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Don't chase the fomo. I invest in quality companies long term, and short sell unprofitable companies during the hype.
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73264319 : So bad?
egan1 OP 73264319 : yeah your shares are worth 15% less in equity in the firm.
73264319 : shit