Reported Earlier, Laser Photonics Prices $7.9M Public Offering Of 10,500,000 Shares At $0.75 Per Share With B-1 And B-2 Warrants
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Why It Matters
Laser Photonics is selling 10.5 million new shares for $7.9 million total to raise cash for the business. When a company sells new shares, it splits ownership into more pieces, so each old share becomes a smaller part of the company.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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