Investigate if a target company has announced a Further Public Offering such as a secondary offering or share placement and use that information to track the impact of dilution on shareholdings.
Client can access FPO data announcements captured at 4 stages:
- New – indicates that the FPO has been announced but is not yet effective.
- Postponed – indicates that the FPO has been temporarily suspended.
- Closed – indicates that the FPO has now finalized.
- Withdrawn – indicates that the FPO has been permanently stopped due to the company’s or regulatory body’s decision.
Once a FPO event become effective, a Shares Outstanding is published to reflect the previous and new amount of securities outstanding as a consequence of the additional securities distributed in the offering.