Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 40+ AI models, with 0% extra fees
Just caught that REalloys (ALOY) did a $50M share offering back in March - priced at $18.50 per share with 2.70M shares hitting the market. Clear Street was handling it as lead manager, pretty standard stuff for a rare earth play like this.
But here's what caught my eye - the stock tanked after the offering closed. Dropped to like $19.80 in after-hours trading right after the announcement, and it was already down 16% the day before. That's rough timing for an offering if you're a shareholder who got in earlier.
They're saying the proceeds go to working capital and general corporate stuff, which is... fine I guess? Not exactly exciting. The underwriters also got a 30-day window to buy another 396K shares, so there's potential dilution hanging over this.
Stock offerings always feel like a double-edged sword. Company gets cash but shareholders usually see some pressure. You holding ALOY or just watching this play out?