Why Is Inspire Veterinary (IVP) Stock Down 25% Today?

Core Points - Inspire Veterinary completed a public offering raising $6 million by selling 6 million shares at $1 per share [3] - The funds will be used for working capital, corporate purposes, marketing services, strategic investments, and potential future acquisitions [1] - Following the public offering, IVP stock is down 25% as of Thursday morning, despite a previous rally of 110.2% [6][5] - The public offering has increased the total number of outstanding shares, leading to dilution of current investors' stakes, contributing to the stock's decline [8] Financial Impact - The public offering price was significantly below the closing price of IVP stock, which may have influenced the stock's downward movement [1] - The offering included pre-funded warrants for investors whose ownership would exceed 4.99% [3]