other material
confidence high
sentiment neutral
materiality 0.65
Z Squared enters $300M at-the-market equity offering with Roth Capital Partners
Z Squared Inc.
- Entered Sales Agreement with Roth Capital Partners for at-the-market offering of up to $300M of common stock.
- Agent commission of 3.0% of gross sales price; Company may also sell shares directly to Agent as principal.
- Sales may be made on Nasdaq or in negotiated transactions at prevailing market prices.
- Agreement may be terminated by either party on five days' notice; automatically terminates upon sale of all Placement Shares.
- Legal opinion from Zarif Law Group P.C. filed as Exhibit 5.1.