NYSE:INVXEnergy Services
Innovex International (INVX) Faces A Share Offering, Is The Stock Still Fully Valued?
Stock offering and ownership shift at Innovex International
The latest move around Innovex International (INVX) centers on a follow on equity offering of 5,000,000 common shares, priced and sold by affiliates of Amberjack Capital Partners rather than the company itself.
Innovex International will not receive cash from this transaction, since the selling shareholders are the ones disposing of stock. For you as an investor, the focus is on how this larger freely traded float relates to recent...