Feb. 17 at 6:22 PM
$GPHOF WHY THE STOCK PRICE FELL...
The C
$30 million equity offering announced in February 2026 had a significant negative impact on Graphite One Inc. (GPHOF) stock price, which fell 34.8% between the announcement & February 17.
The offering includes 17,142,000 units at C
$1.75 per unit. Each unit includes one common share & one purchase warrant exercisable at C
$2.25. Following the announcement, GPHOF experienced a sharp decline as investors reacted to the dilution and unit pricing.
Feb 9, 2026: The stock closed at
$1.41 as the offering was launched.
Feb 10, 2026: Shares dropped to
$1.20 after final terms were announced.
Feb 17, 2026: The price reached
$1.03 by midday, marking a total decline of over 34% from early February
It may drop lower.