other material
confidence high
sentiment neutral
materiality 0.50
Assembly Biosciences enters ATM equity offering agreement with Jefferies LLC
ASSEMBLY BIOSCIENCES, INC.
- At-the-market facility permits sale of common stock from time to time; Jefferies acts as agent.
- Jefferies earns up to 3.0% commission on gross proceeds of shares sold under the agreement.
- Sales may occur on Nasdaq, in block trades, or privately; no minimum number of shares required.
- Either party may terminate the Sale Agreement at any time upon written notice.
- Shares to be issued under existing effective shelf registration statement (333-270760).