Stock Offerings En Vogue Over Last Several Sessions

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The reasons a company decides to generate capital through offering common stock are boundless: some good reasons and some bad. From a shareholder's perspective, hearing that a company you're invested in is diluting your shares isn't pleasant.

From a prospective investor's perspective, the company may be raising capital for the right reasons, whether it's an acquisition or expansion. Buying into a company at or soon after a public offering can be an opportunity to get in before a growth period.

Related Link: 6 IPOs Scheduled To Open This Week

This week has seen over a dozen companies selling off common stock and raising capital:

  • Acacia Communications, Inc. ACIA: offered $450 million common stock, $125 million from the company and the rest from selling shareholders.
  • BioPharmX Corp BPMX: announced direct offering generating $930,000.
  • Foamix Pharmaceuticals Ltd FOMX: priced 6 million shares at $9.50.
  • Independence Realty Trust Inc IRT: announced offering of 25 million shares no current news on pricing.
  • Manitex International Inc MNTX: registered for $75 million Mixed Securities Shelf Offering.
  • Medical Properties Trust, Inc. MPW: priced 50 million shares at $14.50/share.
  • Myokardia Inc MYOK: priced 3.8 million at $15/share.
  • Nordic American Tanker Ltd NAT: reported offering of 11 million shares.
  • Rice Energy Inc RICE: priced 40 million shares at $25.50/share.
  • SCANA Corporation SCG: announced offering of ~2.71 million shares.
  • Sunoco Logistics Partners L.P. SXL: priced 21 million shares at $27/share.
  • Versartis Inc VSAR: priced 4.898 million shared at $12.25/share.
  • XBiotech Inc XBIT: announced $50.3 million ATM stock sales announcement with H.C. Wainwright & Co. LLC.

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