Siebert Financial (SIEB) announced that its shelf registration statement on Form S-3 has been declared effective by the SEC. The registration is the first step to allow the company to raise up to $100,000,000 through the sale of a range of securities. The filing strengthens Siebert’s financial flexibility. The proceeds may be used to pursue strategic initiatives that align with Siebert’s long-term vision, including potential acquisitions, the purchase of digital assets, and investments to advance technology across all service lines, including, but not limited to, AI-powered solutions.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SIEB:
