other_material
confidence high
sentiment neutral
materiality 0.50
Sagimet Biosciences enters $75M ATM equity facility with Leerink Partners, terminates prior Cantor facility
Sagimet Biosciences Inc.
- Up to $75M in common stock may be sold from time to time via at-the-market offerings through Leerink Partners.
- Agent commission of up to 3.0% on gross proceeds from sales under the agreement.
- Prior Cantor Fitzgerald ATM agreement terminated effective Aug 14, 2025; no shares were sold under that facility.
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