secwatch / observer
8-K filed January 25, 2023, 6:59 PM ET ticker IRON CIK 0001816736
other material confidence high sentiment neutral materiality 0.60

Disc Medicine enters into $100M at-the-market equity facility with SVB Securities

Disc Medicine, Inc.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Disc Medicine, Inc. entered into Sales Agreement with SVB Securities LLC valued at up to $100.0 million (effective 2023-01-25).

Action
entry
Agreement
atm program
Counterparty
SVB Securities LLC
Value
up to $100.0 million
Effective
2023-01-25
Exact text from the filing
On January 25, 2023, Disc Medicine, Inc. (the “Company”) entered into a Sales Agreement (the “Agreement”) with SVB Securities LLC (“SVB Securities”) pursuant to which the Company may, from time to time in its sole discretion, issue and sell through SVB Securities, acting as sales agent, shares of the Company’s common stock, par value $0.0001 per share (the “Placement Shares”). The issuance and sale, if any, of Placement Shares with an aggregate offering price of up to $100.0 million by the Company under the Agreement will be made pursuant to a prospectus supplement to the Company’s registration statement on Form S-3 (File No. 333-269272), originally filed with the Securities and Exchange Commission (the “SEC”) on January 18, 2023, which became effective on January 24, 2023.
View on SEC.gov

Browse all material agreements →

Disc Medicine, Inc. filing history →

Source: SEC EDGAR
accession 0001193125-23-015225
Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.