Danimer Scientific stock slides on $100M securities offering

Aug. 26, 2022 11:31 AM ETDanimer Scientific, Inc. (DNMR)By: Preeti Singh, SA News Editor11 Comments
  • 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, are yet to be determined.

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