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Amentum Announces Pricing of Secondary Offering

1. Amentum announces pricing of secondary public offering at $16.50 per share. 2. Offering involves 19.46 million shares, expected closing on March 13, 2025.

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FAQ

Why Bearish?

Secondary offerings can dilute existing shares, potentially lowering stock price as seen historically with companies like Tesla and AMC during similar events.

How important is it?

The announcement indicates potential dilution, impacting investor sentiment and stock performance in the near term.

Why Short Term?

The price impact is likely to be immediate as investors react to share dilution concerns, similar to instances observed in other secondary offerings.

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TSLAAMCNVDA
CHANTILLY, Va.--(BUSINESS WIRE)--Amentum Holdings, Inc. (NYSE: AMTM) (“Amentum”) announced today the pricing of the previously announced secondary underwritten public offering (the “Offering”) of 19,464,174 shares of its common stock (the “Shares”) at a public offering price of $16.50 per share. The Offering is expected to close on March 13, 2025 subject to the satisfaction or waiver of customary closing conditions. Amentum is not selling any shares of common stock and will not receive any proc.

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