New Age Beverages to Double Number of Share of Common Stock

New Age Beverages NBEV

In an SEC filing about a May shareholders’ meeting, NBEV stated it would seek to ”…increase in the total number of shares of authorized common stock to 200,000,000 shares from 100,000,000 shares.” (There are currently 75,392,742 shares of common stock outstanding.) An extremely dilutive act like that could easily knock the price per share.

For more details, take a look at NBEV’s SEC statement.

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