other material
confidence high
sentiment neutral
materiality 0.55
Soligenix increases ATM offering capacity by $2.5M to raise additional capital
SOLIGENIX, INC.
- Filed prospectus supplement to increase aggregate offering under Sales Agreement with Rodman & Renshaw by $2.5M.
- Previously sold ~$6.234M of common stock under prior prospectus supplements covering up to $6.406M.
- Total maximum offering amount under the ATM facility now $8.906M ($6.406M + $2.5M).
- Shares sold at market prices; proceeds used for general corporate purposes.