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Equity Line
At what discount do funds buy shares through an equity line of credit?
At what discount do funds buy shares through an equity line of credit?
Shawn Stevenson avatar
Written by Shawn Stevenson
Updated over a week ago

Discounts vary by the agreement party but most are 3-10% discount to daily VWAP or closing price. There are also volume limitations set by each arrangement. Click the Edgar link to see the exact details of the purchase agreement.

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