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$Nauticus Robotics (KITT.US)$ Benzinga· 4 mins ago
Nauticus Robotics May Now Offer & Sell Shares Of Common Stock Offering Price Of Up To $8.4M From Time To Time Through Or To Wainwright
Nauticus Robotics May Now Offer & Sell Shares Of Common Stock Offering Price Of Up To $8.4M From Time To Time Through Or To Wainwright
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Finalflash84 : I’m new to this, what does that mean?
Trytosaveabit OP Finalflash84 : It means that if the company wants to they can sell new shares into the market! That will cause dilution! If you need me to explain dilution and why it’s bad? Just ask
Finalflash84 : Ok go
Trytosaveabit OP Finalflash84 : Ok so right now we have a large pizza and it’s cut into 5 pieces! Everyone happy! So now the dilution come with the offering of new shares! We have to cut that same pizza into 60 pieces! Now everyone’s piece is way smaller! Yes this is over simplified. But I’m sure you see why the offering/dilution caused the price to drop! GL Hope this helps
Finalflash84 : Yes thanks
Trytosaveabit OP Finalflash84 : You’re very welcome! GL to ya![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
FortuneHunter : Thank you for forewarn us! @Trytosaveabit
Trytosaveabit OP FortuneHunter : You’re very welcome! GL