At what price discount is the underwritten offering being priced compared to the current market level?

The filing does not disclose the actual offering price, so we cannot calculate a precise discount versus the prevailing market price of Dole (NYSE:DOLE). In secondary offerings of this size, issuers typically price the shares 5‑10 % below the last closing price to make the deal attractive to the underwriters and to ensure sufficient demand from institutional investors. If Dole is trading, for example, around $30‑$32 per share, an underwriting discount in that range would imply an offering price roughly between $27 and $30.

Until the exact price is confirmed (usually in the final prospectus or a supplemental filing), traders should treat the announcement as a neutral‑to‑slightly‑negative catalyst: the dilution risk is limited—because the company itself is not receiving proceeds—but the additional supply of shares can exert downward pressure on the stock if the price is materially below market. A prudent short‑term strategy is to monitor the price action over the next few days; a break below the current support level on heightened volume could signal the market is pricing in the discount, while a quick bounce back to the pre‑announcement level would suggest investors deem the dilution minimal. If you have a long position, consider protecting it with a tight stop just below the nearest technical support, and if you are short‑biased, look for a confirmation of a lower‑high/lower‑low pattern before adding to the position.