DNMR - Danimer Scientific stock slides on $100M securities offering
- Danimer Scientific ( NYSE: DNMR ) shares have plunged around 12% on Friday after the performance polymer company registered for a $100M mixed securities offering .
- Late Thursday, the company filed to sell common stock, preferred stock, debt securities, guarantees of debt securities or warrants up to an aggregate amount of $100M.
- The filing does not necessarily indicate that a sale has begun, or will occur in the future.
- Terms of the offering, including price, is yet to be determined.
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Danimer Scientific stock slides on $100M securities offering