NanoViricides names EF Hutton as sole sales agent for $50M ATM, removes B. Riley

NANOVIRICIDES, INC.

EF Hutton LLC becomes sole agent under existing $50M at-the-market offering; B. Riley Securities removed.
Company may sell shares at its discretion; no obligation to issue any shares.
Commission of 3% of gross proceeds; reimburses Agent $50k initial plus $2.5k/quarter expenses.
Sales made under effective shelf registration S-3 (No. 333-271706) and related prospectus supplements.

item 1.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

NANOVIRICIDES, INC. entered into Sales Agreement with EF Hutton LLC (effective 2024-04-05).

Action: entry
Agreement: atm program
Counterparty: EF Hutton LLC
Effective: 2024-04-05

Exact text from the filing

On April 5, 2024, a new Sales Agreement (the “Sales Agreement”) was executed to name EF Hutton LLC as the sole sales agent (the “Agent”) and to remove B. Riley Securities, Inc. as a Sales Agent.

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NANOVIRICIDES, INC. filing history →

Source: SEC EDGAR

accession 0001104659-24-044367

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