PUBLICLY-LISTED DoubleDragon Properties Corp. (DD) has filed a preliminary prospectus with the Securities and Exchange Commission (SEC) for a P6.75 billion follow-on offering to enhance trading liquidity and strengthen the company’s balance sheet with higher equity levels.
The preliminary prospectus filed with the SEC covers a primary offer of up to 135 million common shares priced at P50 per offer share, with an over-allotment option of up to 15 million common shares, indicating a base size of P6.75 billion with an over-allotment option of up to P750 million
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