Phew, am I ever relieved... They would be skewered if the issued shares at current price levels. I interpret this to mean that dilution is delayed until 2023. Why buy it now?
As a result of this transaction, the company does not intend to issue any equity through the remainder of 2022, and has ceased issuances under its at-the-market-equity (ATM). The company indicated it is evaluating further assets sales as a core part of its capital plan for 2023 and beyond.