other material
confidence high
sentiment neutral
materiality 0.50
Compass Therapeutics enters ATM with Jefferies for up to $75M; terminates B. Riley facility
Compass Therapeutics, Inc.
- Enters Open Market Sale Agreement with Jefferies to sell up to $75M of common stock via ATM offering.
- Prior ATM agreement with B. Riley Securities terminated effective July 29, 2022.
- Jefferies receives up to 3% commission and up to $75K expense reimbursement; Compass not obligated to sell.
- Sales will be made under effective S-3 registration statement (333-257821) and prospectus supplement.