Mixed Shelf paperwork submitted by Cadiz, Inc

I'll preface this by saying I've got 10 shares in Cadiz so I'm hardly at risk.

I'd like to understand more about how process works and what to expect. There are several news bits about Cadiz, Inc ($CDZI) filing paperwork with the SEC for a Mixed Shelf offering. From what I gleaned off the Internet, a mixed shelf offering is a set of shares that the corporation is holding for sale for up to three years that only appear on the books when sold.

Applying it to this instance, I would expect that Cadiz' stock wouldn't plummet due to a massive increase in the number of shares because it's not exactly a blue-chip stock. Does that sound about right? Do mixed shelf offerings typically have positive or negative results?

Submitted November 16, 2018 at 08:04PM by TheMSAGuy https://ift.tt/2RW8JTe