other material
confidence high
sentiment neutral
materiality 0.65
Prothena enters $250M at-the-market equity distribution agreement
PROTHENA CORP PUBLIC LTD CO
- Agreement with Piper Sandler, Stifel, Cantor Fitzgerald, RBC Capital Markets, and JMP Securities.
- Company may sell up to $250M of ordinary shares from time to time via ATM offerings.
- Agents receive up to 3% commission on gross proceeds; company may set minimum sale price.
- Offering terminates upon sale of all shares or earlier termination by either party.
- Company is not obligated to sell any shares under the agreement.