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Equity Capital

All articles tagged with #equity capital

finance1 year ago

"NYCB Struggles to Raise Equity Capital Amid Stock Plunge"

New York Community Bancorp's stock tumbled as much as 47% as the lender attempts to raise equity capital to restore investor confidence amid a challenging year marked by dividend cuts, increased provisions for loan losses, and a change in leadership. The company is working with advisers, including Jefferies Financial Group Inc., to gauge investor interest in buying stock. NYCB, a major lender to owners of apartment buildings and offices in New York, has seen its credit ratings downgraded to junk and faces pressure from rapid growth through acquisitions.

finance2 years ago

"Plug Power's Liquid Green Hydrogen Initiatives Impact Stock Performance and Investor Sentiment"

Plug Power has taken steps to address its liquidity concerns by unveiling plans to raise $1 billion in equity capital through an at-the-market program and finalizing a term sheet with the Department of Energy for a $1.6 billion loan facility. The company also started operations at its Georgia plant, the country's largest liquid green hydrogen plant, which is a significant milestone for its growth strategy. While these developments are positive, Plug Power remains a high-risk, high-reward investment due to its ambitious expansion plans and ongoing need for funding.

finance2 years ago

"Plug Power's Liquid Green Hydrogen Initiatives Impact Stock Liquidity and Investor Sentiment"

Plug Power, a hydrogen stock, has plummeted nearly 80% over the past year due to liquidity concerns, but has unveiled plans to raise $1 billion in equity capital through an at-the-market program and is finalizing a term sheet with the Department of Energy for a $1.6 billion loan facility to shore up its liquidity. The company has also started operations at its Georgia plant, the country's largest liquid green hydrogen plant, and aims to significantly expand its hydrogen production capacity to drive revenue growth. However, while the recent moves to bolster liquidity are positive, the company still faces significant risks and may need to sell a lot of stock to finance its growth, making it too risky for most investors to buy at this time.