CFOs turn to shelf registrations to position companies for capital raises
Share it When Accelerate Diagnostics last week filed a $150 million shelf registration with the Securities and Exchange Commission (SEC) to signal a possible future share offering, it was one of almost 60 companies to do so in just the first month of the year — the highest in a decade. Should companies continue to make filings at the same rate as in January, this year could turn out to be record-setting for the tactic. The strategy gives companies the flexibility to raise capital quickly through a stock offering, but without the obligation to actually do so, should they decide the market...
Source: cfodive.com