🔴 SOAR is trading 8.3% down today after announcing a $1.82M discounted equity offering

SOAR is trading 8.3% down at $0.15 following the announcement of a $1.82 million registered direct equity offering priced at $0.165 per share.

• The below-market pricing is pressuring the stock as investors react to share dilution and short-term capital structure implications.
• The agreement includes provisions that limit the company's ability to pursue further near-term equity issuances or variable-rate financings.