PSQ Holdings Inc. (PSQH) saw its stock soar 14.11% intraday on Thursday, following the company's announcement of a $36.2 million registered direct offering of 7.8 million common shares at $4.63 per share on Wednesday.
The technology company stated that it intends to use the net proceeds from the stock offering for general corporate purposes, likely to fuel its business growth strategies and expansion plans. While the capital raise will dilute existing shareholders, investors appear to be viewing the move positively overall, as it provides PSQH with additional funds to execute its growth initiatives.
The stock offering announcement on Wednesday had already driven a surge in PSQH's share price, with the stock climbing 7.58% in the 24 hours leading up to the night session and then continuing to rally over 5% in after-hours trading. The sustained momentum carried into the intraday session on Thursday, reflecting investors' optimism surrounding PSQH's prospects and growth potential with the newly raised capital.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。