other
confidence high
sentiment neutral
materiality 0.40
Mustang Bio enters $5.6M ATM offering with H.C. Wainwright; terminates prior $100M agreement
MUSTANG BIO, INC.
- May 31, 2024: ATM Offering Agreement with H.C. Wainwright for up to $5.6M of common stock; 3.0% commission to manager.
- Prior $100M ATM Sales Agreement with B. Riley Securities & others terminated effective June 5, 2024.
- New S-3 registration statement (File No. 333-279891) filed same day enables the at-the-market offering.
- Company not obligated to sell any shares; offering ends upon full sale or termination of agreement.