other material
confidence high
sentiment neutral
materiality 0.75
Energous files prospectus supplement for additional $80M ATM offering
Energous Corp
- Filed prospectus supplement on Feb 13, 2025 for up to $80M in common stock under existing Sales Agreement with H.C. Wainwright.
- Sales are at-market on Nasdaq, with Agent receiving 3% cash commission on gross proceeds.
- Company intends to use net proceeds for G&A, R&D, potential acquisitions, and regulatory activities.
- Offering terminates upon sale of $80M or earlier termination by either party; Company not obligated to sell any shares.