other material
confidence high
sentiment neutral
materiality 0.60
Invivyd enters $75M ATM equity distribution agreement with Cantor Fitzgerald
Invivyd, Inc.
- Up to $75M of common stock may be sold from time to time through Cantor as agent at market prices.
- Cantor receives 3% commission on gross proceeds from each sale; company reimburses certain expenses.
- Sales under the agreement are 'at the market' offerings with no obligation to sell any shares.
- The ATM program is registered under existing effective shelf registration statement (S-3).