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.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。