other material
confidence high
sentiment neutral
materiality 0.50
Bionano Genomics enters new $75M ATM sales agreement with H.C. Wainwright, replacing Cowen facility
Bionano Genomics, Inc.
- Terminated prior Cowen sales agreement effective Feb 14, 2025; suspended offering Feb 4.
- New ATM with H.C. Wainwright allows sale of up to $75M of common stock at market prices.
- Wainwright receives 3.0% commission on gross proceeds from each sale.
- Shares sold on Nasdaq through at-the-market offerings; company may suspend at any time.
- Registration statement on Form S-3 effective May 10, 2023, covering the new facility.