other material
confidence high
sentiment neutral
materiality 0.40
Edesa Biotech amends equity distribution agreement with RBC for up to $15.4M ATM
Edesa Biotech, Inc.
- Amended Equity Distribution Agreement with RBC Capital Markets to sell up to $15.4M additional common shares.
- Previously sold 487,228 shares for $2.5M under the prior agreement.
- Amendment enables ongoing at-the-market offerings through RBC as sales agent or principal.
- Legal opinion from Fasken Martineau DuMoulin LLP regarding share legality attached as exhibit.