$Scorpius Holdings (SCPX.US)$ Offerings expected to close to...

TheAyla : I had no idea about this until I saw your comment. Any way you (or anyone else for that matter) could explain this to me like I'm 5? Basically, do I need to sell this before the end of day or should I keep it? I'm pretty new and just have no idea what it means and I'm so dumb that even google isn't helping.

FattyChickOP TheAyla: Okay for example, sometimes when a company could not meet certain requirements, they will do something like offerings, to dilute more shares to the overall shares. But depending on the pricing they do for the offering. If 60,000,000 at 0.01, you would have a rough estimation where the targetted price is.
Some offerings are healthy.

FattyChickOP TheAyla: With this, they can use “these” funds for further expansion and developments

TheAyla FattyChickOP: Thank you. Does offerings closing usually make the price go up or down (in your opinion)?

FattyChickOP TheAyla: Layman term.
You are selling burgers at $2 each, however, your company is in debt, no funds to proceed.
However, you have 1000 burgers left in your own storage. You “offered” 500  to the public at $1.50.
You imagine adding 500 X 1.50 to the market, best case scenario, the public are buying together with your 500 remaining burgers.
So to your question, is really depending on what type of offerings.