Example of a Shelf Offering SafeStitch Medical In
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Posted On: 03/03/2021 6:53:09 PM
Example of a Shelf Offering
SafeStitch Medical Inc. (formerly TransEnterix), a manufacturer of robotic surgical technology, used shelf offering to prepare new offerings to correspond with launch plans of a new product. When shelf registrations were expanded pursuant to the release of a new product line, the market responded with a 10% increase in share value. Even though the risk of share dilution was present, the market responded to the favorable news regarding the pending technological advancement.
SafeStitch Medical Inc. (formerly TransEnterix), a manufacturer of robotic surgical technology, used shelf offering to prepare new offerings to correspond with launch plans of a new product. When shelf registrations were expanded pursuant to the release of a new product line, the market responded with a 10% increase in share value. Even though the risk of share dilution was present, the market responded to the favorable news regarding the pending technological advancement.
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