The company outlined a multi-pronged financial strategy set to launch no earlier than the third quarter. This plan includes $5 billion in underwritten public offerings—split between $1.25 billion in common stock and $3.75 billion in depositary shares—alongside a separate $2 billion at-the-market offering. While the primary focus remains on scaling production to meet recent demand, management noted that a portion of the proceeds may be diverted toward general corporate needs, specifically debt repayment.
Despite the aggressive expansion plans, investors reacted with caution. Shares fell to $36.93 following the Tuesday disclosure, tempering a strong performance that had seen the stock climb 39% since the start of the year.





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