other material
confidence high
sentiment neutral
materiality 0.50
Forte Biosciences files prospectus supplement for additional $2.7M ATM offering
Forte Biosciences, Inc.
- Filed new prospectus supplement for sale of up to $2.7M of common stock via existing ATM agreement with Ladenburg Thalmann.
- Aggregate offering under the ATM agreement remains capped at $25M; previously $7M was registered.
- Proceeds to be used for general corporate purposes, including funding existing and potential new clinical programs.
- Shares issued under previously effective S-3 registration statement filed May 28, 2021.