other material
confidence high
sentiment neutral
materiality 0.60
Aptevo enters ATM equity facility up to $2.96M; reports preliminary Q1 cash of $2.1M
Aptevo Therapeutics Inc.
- Entered ATM sales agreement with Roth Capital to sell up to $2,959,952 in common stock; Roth receives 3.0% commission.
- Preliminary cash and equivalents as of March 31, 2025: $2.1M (unaudited, subject to change).
- Subsequent registered direct offerings on April 4 and April 22 raised approx. $1.9M and $1.8M respectively.
- Company has not finalized Q1 2025 financial results; independent auditor has not reviewed preliminary data.