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metadata
language:
  - en
license: other
license_name: writer-open-model-license
license_link: https://writer.com/legal/open-model-license/
tags:
  - instruct
  - pytorch
  - finance
  - stock market
  - candlesticks
  - FinGPT
  - option trading
  - future stock prediction
  - trends prediction
  - Enterprise LLM
  - Enterprise
  - Enterprise ready
  - Banks
  - Wealth Management
  - mlx
extra_gated_prompt: >-
  By clicking "Agree", you agree to the [License
  Agreement](https://writer.com/legal/open-model-license/) and acknowledge
  Writer's [Privacy Policy](https://writer.com/legal/acceptable-use/).
extra_gated_fields:
  Name: text
  Email: text
  Organization or Affiliation: text
  Receive email updates and promotions on Writer products, services, and research?:
    type: select
    options:
      - 'Yes'
      - 'No'
  I acknowledge that this model is for non-commercial use only unless I acquire a separate license from Writer: checkbox
widget:
  - example_title: Palmyra-Fin-70B-32k
    messages:
      - role: system
        content: >-
          You are an expert language model specialized in the financial services
          domain. Your responses should be detailed, accurate, and tailored to
          the needs of financial professionals. Consider ethical implications,
          long-term impacts, and current global financial trends in your advice.
      - role: user
        content: >-
          As the CFO of a technology company, we are considering issuing new
          equity to fund our expansion into international markets.  Could you
          provide a brief analysis of the advantages and disadvantages of
          issuing new equity, especially in the context of maintaining our
          current share price and investor relations?
    output:
      text: >-
        As the CFO of a technology company, considering issuing new equity to
        fund expansion into international markets is a strategic decision that
        requires a thorough analysis of its advantages and disadvantages. 
        Issuing new equity can be an effective way to raise capital, but its
        crucial to weigh the benefits against the potential dilution of existing
        shareholders ownership and its impact on your share price. Heres a
        balanced view of the key advantages and disadvantages to help you make
        an  informed decision:\n\nAdvantages:\n\n1. **Capital Raising**: Issuing
        new equity is an effective way to raise capital for expansion into
        international markets.  This capital can be used to establish a presence
        in new markets, hire local teams, and develop marketing campaigns
        tailored to those regions.\n\n2. **Diversified Shareholder Base**: 
        Issuing new equity can attract new investors, potentially including
        international investors. This can help broaden your shareholder base,
        which may improve liquidity and provide greater market stability.\n\n3.
        **Enhanced Credibility**: Issuing new equity can be perceived by the
        market as a vote of confidence in  your company's growth prospects,
        enhancing your credibility with existing and potential investors.\n\n4.
        **Strategic Partnerships**:  Issuing new equity can facilitate strategic
        partnerships or collaborations. For example, issuing shares to a
        strategic partner in a new market can help you establish a local
        presence and gain access to their customer base.\n\n5. **Employee
        Incentives**:  Issuing new equity can be used to incentivize employees,
        especially when vesting is tied to specific performance metrics or
        time-based vesting schedules. This can help attract and retain top
        talent.\n\nDisadvantages:\n\n1. **Dilution of Ownership**:  Issuing new
        equity dilutes the ownership percentage of existing shareholders. This
        dilution can cause a decrease in the share price of your company's
        stock.\n\n2. **Dilution of Earnings**: Issuing new equity dilutes
        earnings per share, which could cause a decrease in your  company's
        share price.\n\n3. **Increased Shareholder Scrutiny**: Issuing new
        equity may attract new shareholders who will demand greater transparency
        and scrutiny of your operations. This could increase legal and financial
        reporting expenses, make some activities more time-consuming, and may
        also place undue strain on your personnel.\n\n4.  **Issuance Costs and
        Expenses**: Issuing new equity involves significant legal, accounting,
        and other expenses. These costs could include, among other things,
        registration fees, filing fees, printing fees, and the compensation of
        any underwriters. The total amount of these costs may be
        substantial.\n\n5. **Market Volatility**: Issuing new equity can cause
        market volatility in the price of  your company's stock. The sale of
        these shares, or the perception that sales could occur, could cause the
        price of your company's stock to fall. This could also make it more
        difficult for you to sell equity or debt securities in the future at a
        time or price that you deem reasonable or appropriate.\n\n6.
        **Perception of Weakness**:  The sale of additional equity securities
        may lead to a perception by the market that your company's management
        believes its existing capital resources will be insufficient for its
        operations. This perception could cause your company's stock price to
        decline.\n\n7. **Restrictions on Dividends**: If you are incorporated in
        a state  that limits your ability to pay dividends on your common stock
        while you have preferred stock outstanding, then the rights of the
        holders of your common stock may be subject to limitations on the
        declaration of dividends.\n\n8. **Anti-Takeover Effects**: Issuing new
        equity may have anti-takeover effects. For example,  if your company has
        a staggered board of directors, shares underlying new equity could be
        issued by your board of directors in one or more rights plans or similar
        plans. The rights will entitle all shareholders of record on a certain
        date to purchase shares of preferred stock upon the occurrence of
        certain events, such as a person acquiring a certain percentage of your
        companys outstanding voting stock.  The rights will expire prior to the
        commencement of any business combination with a person who beneficially
        owns 20% or more of your companys outstanding voting stock. The rights
        may have the effect of entrenching your companys management team and may
        deprive you of the opportunity to sell your company to potential
        acquirers at a premium over prevailing prices. This potential inability
        to obtain a control  premium could reduce the price of your company's
        stock.\n\n9. **Impact on Employee Stock Options**: Issuing new equity
        may cause your companys employee stock options to become less valuable.
        This could adversely affect your companys ability to attract and retain
        employees.\n\n10. **Alternative Financing Options**: Depending on your
        companys stage of development and market conditions, it may be possible
        to obtain needed  capital through alternative financing sources, such as
        a second public offering, a private placement of securities, or loans
        from banks or related or unrelated parties. These financing sources may
        have terms favorable to your company compared to those obtained through
        an issuance of new equity.\n\nIn the context of maintaining your current
        share price and investor relations, it's essential to consider the
        following:\n\n1. **Communicate Effectively**:  It is crucial to
        communicate the reasons behind issuing new equity clearly and
        transparently to your existing shareholders. This can help manage
        expectations and reduce potential negative perceptions.\n\n2. **Share
        Price Impact**: Analyze the potential dilution of earnings per share and
        the ownership percentage of existing shareholders. Consider the impact
        of issuing new equity on your  companys share price in the short and
        long term.\n\n3. **Investor Relations**: Engage with your existing
        shareholders to understand their concerns and address them proactively.
        This can help maintain a positive relationship with your investor
        base.\n\n4. **Equity Incentive Plans**: Ensure that your equity
        incentive plans are aligned with your  companys long-term goals and that
        vesting schedules are structured to incentivize employees
        appropriately.\n\n5. **Alternative Financing Options**: Carefully
        evaluate alternative financing options and consider the potential impact
        of each on your share price and investor relations.\n\nIn conclusion,
        issuing new equity to fund expansion into international markets can be a
        viable option, but it is essential to carefully weigh the advantages and
        disadvantages and consider alternative financing options.  Effective
        communication with your existing shareholders is critical to managing
        expectations and maintaining a positive relationship with your investor
        base.
model-index:
  - name: Palmyra-Fin-70B-32k
    results: []

mlx-community/Writer-Palmyra-Fin-70B-32K

The Model mlx-community/Writer-Palmyra-Fin-70B-32K was converted to MLX format from Writer/Palmyra-Fin-70B-32K using mlx-lm version 0.16.1.

Use with mlx

pip install mlx-lm
from mlx_lm import load, generate

model, tokenizer = load("mlx-community/Writer-Palmyra-Fin-70B-32K")
response = generate(model, tokenizer, prompt="hello", verbose=True)