12:25 PM EDT, 05/14/2025 (MT Newswires) -- Hertz Global Holdings ( HTZ ) filed a registration statement Wednesday for the potential sale of an unspecified amount of securities from time to time in one or more offerings.

The filing contains a base prospectus that covers common and preferred stock, debt securities, depositary shares, warrants, stock purchase contracts, stock purchase units, subscription rights and units.

The company said it plans to use the net proceeds for general corporate purposes, including the repayment or repurchase of debt.

The registration statement also contains an equity distribution agreement prospectus for up to $250 million of the company's common shares that it may issue and sell from time to time. Hertz said it intends to use the net proceeds from this offering to retire debt.

Shares were up 1% in recent trading.

Price: 5.83, Change: +0.06, Percent Change: +1.04