other material
confidence high
sentiment neutral
materiality 0.50
Bio-Path raises additional $1.1M ATM capacity after completing initial $2M sale
BIO-PATH HOLDINGS, INC.
- Sold 436,511 shares for ~$2.0M gross proceeds under prior ATM; offering terminated April 19, 2024.
- New ATM prospectus supplement filed to sell up to additional $1,107,871 of common stock.
- Proceeds from the expanded ATM will be used for working capital and general corporate purposes.
- H.C. Wainwright & Co. acts as sales agent; no minimum offering and no obligation to sell.
- Shares offered under existing shelf registration statement (333-265282) declared effective June 14, 2022.