other material
confidence high
sentiment neutral
materiality 0.65
PMV Pharma enters $150M ATM equity distribution agreement with Jefferies
PMV Pharmaceuticals, Inc.
- Open Market Sale Agreement with Jefferies LLC for up to $150M in gross proceeds from common stock sales.
- Shares sold at prevailing market prices; Jefferies receives 3.0% commission on gross proceeds.
- ATM offering conducted under shelf registration statement filed October 4, 2021.
- Company may suspend or terminate agreement with 10 trading days' notice; no minimum sale obligation.