other material
confidence high
sentiment neutral
materiality 0.60
Bicycle Therapeutics registers up to $150M additional ADS sale under ATM facility
BICYCLE THERAPEUTICS PLC
- Filed prospectus supplement on May 26, 2023, to sell up to $150M in ADSs via existing Sales Agreement with Cantor Fitzgerald and Oppenheimer.
- Sales agents will receive 3% commission on gross proceeds; offering is an 'at the market' program under Rule 415.
- Company is not obligated to sell any shares; sales at its discretion subject to market conditions.
- The original Controlled Equity Offering agreement was dated June 5, 2020.