what does the new news on doc mean..it will go up?

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what is today’s doc (cloudmd) news meaning….thanks

like correcting over allotment or something

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Asked on March 12, 2021 8:19 am

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▲ 0 ▼ ✔	Private answer ok thanks for this Marked as spam Posted by Ayesha Ahmad Answered on March 12, 2021 10:38 pm
▲ 0 ▼ ✔	Private answer Hi there, It just means that raised additional cash as part of the over-allotment of their bought-deal offering. Nothing to really move the share price either way but they do end up with more cash in the coffers as a result. Mat Marked as spam Posted by Mathieu Litalien Answered on March 12, 2021 11:44 am