other material
confidence high
sentiment neutral
materiality 0.55
Quantum-Si enters $75M ATM equity facility with Canaccord; ends prior Evercore deal
Quantum-Si Inc
- Enters Equity Distribution Agreement with Canaccord Genuity for up to $75M of Class A common stock.
- Canaccord will receive up to 3.0% commission on gross sales price per share sold in at-the-market offerings.
- Terminates prior ATM agreement with Evercore Group L.L.C. dated August 11, 2023; no shares were sold under that agreement.
- Shares will be sold under existing S-3 shelf registration effective August 22, 2023.
- Company has no obligation to sell any shares and may suspend or terminate the agreement at any time.