other material
confidence high
sentiment neutral
materiality 0.60
MindMed enters $150M ATM equity program with Leerink Partners, terminates prior ATM
Definium Therapeutics, Inc.
- New at-the-market sales agreement with Leerink Partners LLC authorizes sale of up to $150M in common shares.
- Agent commission capped at 3.0% of gross proceeds; company has no obligation to sell shares.
- Prior Controlled Equity Offering agreement with Cantor Fitzgerald and Oppenheimer terminated on May 28, 2024.
- Company may suspend or terminate the new ATM facility at any time.