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Follow-on offering

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128: 986: 976: 308:(ATM offering), which is sometimes called a controlled equity distribution. In an ATM offering, exchange-listed companies incrementally sell newly issued shares into the secondary trading market through a designated broker-dealer at prevailing market prices. The issuing company is able to raise capital on an as-needed basis with the option to refrain from offering shares if unsatisfied with the available price on a particular day. 66: 25: 315:) who may be looking to diversify their holdings. Because no new shares are created, the offering is not dilutive to existing shareholders, but the proceeds from the sale do not benefit the company in any way. Usually however, the increase in available shares allows more institutions to take non-trivial positions in the company. A non-dilutive offering is therefore a type of a 301:. Usually the gain of cash inflow from the sale is strategic and is considered positive for the longer-term goals of the company and its shareholders. Some owners of the stock however may not view the event as favorably over a more short term valuation horizon. 390: 383: 376: 311:
The non-dilutive type of follow-on offering is when privately held shares are offered for sale by company directors or other insiders (such as
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or used for needed company expansion. When new shares are created and then sold by the company, the number of
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for the purpose of selling more equity in the company. This new inflow of cash might be used to pay off some
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A follow-on offering can be categorised as dilutive or non-dilutive. In the case of the
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of the follow-on offering will often be offered the use of a
267: 398: 304:One example of a type of follow-on offering is an 334:or over-allotment option by the selling company. 1002: 384: 156:. Unsourced material may be challenged and 53:Learn how and when to remove these messages 985: 975: 391: 377: 297:increases and this causes dilution of the 238:Learn how and when to remove this message 220:Learn how and when to remove this message 110:Learn how and when to remove this message 270:that occurs subsequent to the company's 1003: 372: 154:adding citations to reliable sources 121: 59: 18: 13: 14: 1027: 364: 34:This article has multiple issues. 984: 974: 126: 64: 23: 16:Type of public offering of stock 42:or discuss these issues on the 771:Debtor-in-possession financing 1: 285:agrees to increase the share 711:Staggered board of directors 7: 828:Accretion/dilution analysis 337: 90:the claims made and adding 10: 1034: 791:Leveraged recapitalization 970: 962:Valuation using multiples 947:Sum-of-the-parts analysis 917:Modigliani–Miller theorem 818: 776:Dividend recapitalization 756: 604: 591:Secondary market offering 494: 483: 410: 317:secondary market offering 256:follow-on public offering 980:List of investment banks 895:Free cash flow to equity 721:Super-majority amendment 646:Management due diligence 586:Seasoned equity offering 359:Public Offering Glossary 354:Seasoned equity offering 1016:Initial public offering 691:Shareholder rights plan 681:Post-merger integration 651:Managerial entrenchment 621:Contingent value rights 561:Initial public offering 344:Initial public offering 272:initial public offering 833:Adjusted present value 696:Special-purpose entity 534:Direct public offering 504:At-the-market offering 306:at-the-market offering 848:Conglomerate discount 870:Economic value added 865:Discounted cash flow 322:As with an IPO, the 169:"Follow-on offering" 150:improve this article 455:Senior secured debt 326:who are serving as 313:venture capitalists 990:Outline of finance 902:Market value added 885:Financial modeling 843:Business valuation 766:Debt restructuring 544:Follow-on offering 529:Corporate spin-off 487:(terms/conditions) 404:investment banking 299:earnings per share 295:shares outstanding 283:board of directors 254:, also known as a 252:follow-on offering 75:possibly contains 1011:Corporate finance 998: 997: 922:Net present value 907:Minority interest 838:Associate company 814: 813: 781:Financial sponsor 701:Special situation 671:Pre-emption right 661:Minority discount 571:Private placement 470:Subordinated debt 425:Exchangeable debt 412:Capital structure 400:Corporate finance 279:dilutive offering 248: 247: 240: 230: 229: 222: 204: 120: 119: 112: 77:original research 57: 1023: 988: 987: 978: 977: 880:Fairness opinion 875:Enterprise value 858:Weighted average 786:Leveraged buyout 641:Drag-along right 539:Equity carve-out 496:Equity offerings 492: 491: 488: 460:Shareholder loan 445:Second lien debt 440:Preferred equity 420:Convertible debt 393: 386: 379: 370: 369: 324:investment banks 281:, the company's 262:), is a type of 243: 236: 225: 218: 214: 211: 205: 203: 162: 130: 122: 115: 108: 104: 101: 95: 92:inline citations 68: 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public offering
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initial public offering
dilutive offering
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debt
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