other material
confidence high
sentiment neutral
materiality 0.50
Atossa Therapeutics enters at-the-market equity facility for up to $100M
ATOSSA THERAPEUTICS, INC.
- Agreement with Jefferies LLC dated Nov 19, 2024 to sell up to $100M of common stock at-the-market.
- Commission to Jefferies is up to 3.0% of gross proceeds; company reimburses certain expenses.
- Proceeds intended for clinical development, working capital, and general corporate purposes.
- No obligation to sell any shares; company may suspend or terminate the agreement at any time.
- Shares registered under effective S-3 filed May 13, 2024; prospectus supplement filed Nov 19, 2024.