other material
confidence high
sentiment neutral
materiality 0.75
Cue Biopharma enters $80M at-the-market equity offering agreement with Jefferies
Cue Biopharma, Inc.
- Company enters Open Market Sale Agreement with Jefferies LLC to sell up to $80M of common stock at-the-market.
- Prior $40M ATM agreement with Stifel terminated; $33.4M in gross proceeds realized from 2,099,700 shares sold.
- Jefferies will receive 3.0% commission on gross proceeds from sales under the new agreement.
- Shares will be sold under existing shelf registration statement; prospectus supplement filed.