Why Equinox Gold (EQX) Stock Is Falling
Why Equinox Gold (EQX) Stock Is Falling
Equinox Gold says the company will not receive any proceeds from this sale, but the conversion reduces the company's debt and boosts liquidity. MDC originally acquired the note in 2019 and will retain a second US$130 million convertible note with a maturity date in 2025. The offering is expected to close by October 9.Equinox Gold Corp (NASDAQ:EQX) shares are trading lower by 5.3% to $5.84 during Thursday's session after the company announced it has issued 24,761,905 shares.
Equinox Gold Corp (納斯達克:EQX) 股票在週四交易時下跌5.3%，報5.84美元，這是在公司宣佈發行了24,761,905股股票之後。
What To Know: Equinox Gold has issued 24.76 million common shares to Ninety Fourth Investment Company, an affiliate of MDC Industry Holding, following the conversion of a US$130 million convertible note.
值得注意的是：equinox gold已向MDC Industry Holding旗下的Ninety Fourth Investment Company發行了2476萬普通股，隨着13000萬美元可轉換票據的兌換。
These shares will now be sold in a secondary offering, led by BMO Capital Markets, at a price of US$5.65 per share, generating gross proceeds of approximately US$140 million for Ninety Fourth.
這些股票將通過BMO資本市場進行二次發行，每股售價爲5.65美元，從而爲Ninety Fourth帶來約1.4億美元的募集總收入。
Equinox Gold says the company will not receive any proceeds from this sale, but the conversion reduces the company's debt and boosts liquidity. MDC originally acquired the note in 2019 and will retain a second US$130 million convertible note with a maturity date in 2025. The offering is expected to close by October 9.
Equinox Gold表示公司將不會從此次交易中獲得任何收入，但這一轉換減少了公司的債務，增加了流動性。MDC最初是在2019年收購了該票據，並將保留第二張到2025年到期的13000萬美元可轉換票據。預計此次發行將於10月9日前結束。
Read Also: China Stocks Are Cooling Off Thursday: What's Going On?
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According to data from Benzinga Pro, EQX has a 52-week high of $6.50 and a 52-week low of $3.95.
根據Benzinga Pro的數據，EQX的52周最高價爲6.50美元，52周最低價爲3.95美元。
譯文內容由第三人軟體翻譯。
