Hi, Do this message mean that the stock will fall at 0.53$? Thanks. «HAMILTON, Bermuda, Nov. 14, 2020 /PRNewswire/ -- Reference is made to Borr Drilling Limited ("Borr" or the "Company") (NYSE: BORR) (OSE: BDRILL) stock exchange notices in September 2020 relating to a contemplated subsequent offering in Borr. The board of directors of Borr (the "Board") has today resolved to launch a conditional subsequent offering consisting of up to 10,000,000 new shares (the "Offer Shares" and the "Subsequent Offering"). The Offer Shares will be listed on Oslo Børs upon delivery. The subscription price in the Subsequent Offering is US$0.53 per Offer Share which equals the subscription price in the US$27.5 million equity offering completed in September 2020 (the "September Offering")...»
