Bito

@MichaelGoode hello! So today KOTV had a massive drop because of an offering I think. So I was wondering at what times can offerings be done? Do they have to have a shelf registration to do it during regular market hours or does it have to be an atm? Or does that not matter? Sorry if my question is unclear. I was just confused cause I see some stocks drop bc of offerings Overnight and some intraday and I’m not sure if there’s a specific reason for that or if the company is just releasing the offering whenever they want. Thank you!!!

MichaelGoode
1
MichaelGoode Jun 24, 20 9:14 AM

Offerings can be done at any time -- as long as there is an effective shelf registration. Even if there is no effective registration a company could do a PIPE with a promise to register those shares in the future.

Bito
Bito Jun 24, 20 1:14 PM

Again, you da best thank you 🙏

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