other material
confidence high
sentiment neutral
materiality 0.55
Shattuck Labs enters $75M at-the-market equity offering program with SVB Securities
Shattuck Labs, Inc.
- Up to $75M of common stock may be sold from time to time through Agent SVB Securities in ATM offerings.
- Agent receives 3.0% commission on gross sales price; Company reimburses certain expenses.
- Proceeds intended for pipeline development, working capital, and general corporate purposes.
- Company has no obligation to sell any shares; may suspend or terminate the Sales Agreement at any time.
- Shares registered under effective S-3 filed March 2022; prospectus supplement filed July 29, 2022.