PIPE Investment

"The term “PIPE” is shorthand for private investment in public equity. When companies offer PIPE investments, what they’re really offering is the opportunity to buy shares in the company below current market value. Most often, these offerings are made available to institutional investors or accredited investors who have a higher net worth.

PIPE offerings can be attractive to companies as a means of raising capital since they’re subject to fewer regulatory requirements than more traditional public offerings. It may be possible to raise money for expansion, debt repayment or other financial needs in a relatively short period of time, without having to navigate an extensive maze of red tape to do so".

Source: https://finance.yahoo.com/news/pipe-investment-195724169.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAJ7K4CIZssgUC1Gu-sRaia4261bqUlYIfj1tT4CVbRW5BdPrmh8484siIzAiNkciLigTG-_fxLkt98yP6pAsYdbrx6D2u0IMf4BKgXox_QvWngJnf4H_jbGC-pmGn3oTqEf84sg_cQKQJ4XzKBXJfN9dcWB9Z8kCrnuA-uoRBKXb