IPM Announces Secondary Offering of 9M Shares, Reports 5% Drop

Wednesday, Mar 18, 2026 5:18 am ET1min read
IPM--

IPM has announced a 5% drop and a 9M shares secondary offering. The shares were issued as part of a merger deal and can be converted into common stock over time. The company has filed to allow NewtekOne to sell the shares gradually.

IPM Announces Secondary Offering of 9M Shares, Reports 5% Drop

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