https://www.cabotwealth.com/daily/small-cap-stocks/secondary-stock-offering-buy-signal
"Some investors think a secondary stock offering is a bad thing. I don’t.
If you were on the management team wouldn’t you want to raise capital when your stock is in demand? Not only do you get more bang for each new share issued, you’re not diluting existing shareholders by as much if the stock is strong, as opposed to weak. That’s a good thing, long term.
Bottom line: Secondary stock offerings are a net positive, and a catalyst for share price growth. A secondary offering alone won’t convince investors to buy, but with the right stock, it can be just the thing to put it over the top."
