Celcuity Inc. (CELC) has disclosed a new risk, in the Share Price & Shareholder Rights category.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Celcuity Inc. faces significant financial risks as it explores various avenues for raising additional capital. Engaging in equity offerings or debt financings might not only dilute existing stockholders’ shares but also potentially depress the stock price. Moreover, securing new capital could introduce restrictive covenants that limit Celcuity Inc.’s operational flexibility, including constraints on debt acquisition, equity issuance, and the procurement of intellectual property rights. Such restrictions could substantially hinder the company’s strategic business maneuvers and growth prospects.
The average CELC stock price target is $30.33, implying 40.42% upside potential.
To learn more about Celcuity Inc.’s risk factors, click here.