Why Equinox Gold (EQX) Stock Is Falling
Why Equinox Gold (EQX) Stock Is Falling
Equinox Gold says the company will not receive any proceeds from this sale, but the conversion reduces the company's debt and boosts liquidity. MDC originally acquired the note in 2019 and will retain a second US$130 million convertible note with a maturity date in 2025. The offering is expected to close by October 9.Equinox Gold Corp (NASDAQ:EQX) shares are trading lower by 5.3% to $5.84 during Thursday's session after the company announced it has issued 24,761,905 shares.
Equinox Gold Corp (纳斯达克:EQX) 股票在周四交易时下跌5.3%，报5.84美元，这是在公司宣布发行了24,761,905股股票之后。
What To Know: Equinox Gold has issued 24.76 million common shares to Ninety Fourth Investment Company, an affiliate of MDC Industry Holding, following the conversion of a US$130 million convertible note.
值得注意的是：equinox gold已向MDC Industry Holding旗下的Ninety Fourth Investment Company发行了2476万普通股，随着13000万美元可转换票据的兑换。
These shares will now be sold in a secondary offering, led by BMO Capital Markets, at a price of US$5.65 per share, generating gross proceeds of approximately US$140 million for Ninety Fourth.
这些股票将通过BMO资本市场进行二次发行，每股售价为5.65美元，从而为Ninety Fourth带来约1.4亿美元的募集总收入。
Equinox Gold says the company will not receive any proceeds from this sale, but the conversion reduces the company's debt and boosts liquidity. MDC originally acquired the note in 2019 and will retain a second US$130 million convertible note with a maturity date in 2025. The offering is expected to close by October 9.
Equinox Gold表示公司将不会从此次交易中获得任何收入，但这一转换减少了公司的债务，增加了流动性。MDC最初是在2019年收购了该票据，并将保留第二张到2025年到期的13000万美元可转换票据。预计此次发行将于10月9日前结束。
Read Also: China Stocks Are Cooling Off Thursday: What's Going On?
阅读更多：中国股市周四出现回落：发生了什么？
According to data from Benzinga Pro, EQX has a 52-week high of $6.50 and a 52-week low of $3.95.
根据Benzinga Pro的数据，EQX的52周最高价为6.50美元，52周最低价为3.95美元。