MDA Space Ltd (NYSE:MDA) shares are moving lower in Wednesday's after-hours session after the company announced an offering of common stock.
MDA Space also announced a deal to acquire a majority interest in Collecte Localisation Satellites (CLS).
MDA Space shares are falling.
What's ahead for MDA stock?
MDA Announces Bought Deal Offering MDA Space has entered into an agreement with a group of underwriters, under which the underwriters will purchase, on a bought deal basis, 20 million common shares of MDA Space for $35.60 per share.
