secwatch / observer
8-K filed May 16, 2023, 7:59 PM ET ticker OTLK CIK 0001649989
other material confidence high sentiment neutral materiality 0.50

Outlook Therapeutics enters $100M ATM sales agreement with BTIG, terminates prior $40M ATM

Outlook Therapeutics, Inc.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.99

Outlook Therapeutics, Inc. entered into Sales Agreement with BTIG, LLC valued at aggregate offering price of up to $100,000,000 (effective 2023-05-16).

Action
entry
Agreement
atm program
Counterparty
BTIG, LLC
Value
aggregate offering price of up to $100,000,000
Effective
2023-05-16
Exact text from the filing
On May 16, 2023, Outlook Therapeutics, Inc. (the “Company”) entered into an at-the-market-sales agreement (the “Sales Agreement”) with BTIG, LLC (“BTIG”), pursuant to which the Company may issue and sell shares of its common stock, $0.01 par value per share (“Common Stock”), from time to time through BTIG as sales agent and/or principal having an aggregate offering price of up to $100,000,000 (the “Shares”).
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.99

Outlook Therapeutics, Inc. terminated Prior Sales Agreement with H.C. Wainwright & Co. valued at at-the-market offering agreement dated as of March 26, 2021, with aggregate offering price of up to (effective 2023-05-15).

Action
termination
Agreement
atm program
Counterparty
H.C. Wainwright & Co.
Value
at-the-market offering agreement dated as of March 26, 2021, with aggregate offering price of up to
Effective
2023-05-15
Exact text from the filing
In connection with entering into the Sales Agreement, the Company terminated, effective May 15, 2023, its at-the-market offering agreement, dated as of March 26, 2021 (the “Prior Sales Agreement”) with H.C. Wainwright & Co. with respect to an at-the-market offering program under which the Company could offer and sell, from time to time at its sole discretion, shares of its Common Stock having an aggregate offering price of up to $40,000,000 (the “Prior ATM Program”).
View on SEC.gov

119 material agreements filed in the last 30 days. Browse all material agreements →

Outlook Therapeutics, Inc. filing history →

Source: SEC EDGAR
accession 0001104659-23-061113
Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.