Update
$Arcutis Biotherapeutics(ARQT.US$ Arcutis Biotherapeutics files for a $300M mixed securities shelf![]()
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Kyle Conroy : It is good or bad ?
TrytosaveabitOP Kyle Conroy: Well a shelf is good and bad! They have the shares registered to use. And if you look at when they used them the price drops a bit! But the good news is they are using the money for operations going forward! So they don’t have to take on new debt! Which is always good when a company don’t have to borrow money! GL
Kyle Conroy : Bro, thx for your explanation . How do we notice they are using share register ?
TrytosaveabitOP Kyle Conroy: If you’re asking how do we know when they are going to use some of the shares from the shelf? They have to issue a filing with the amount of shares issued and at what price!