other material
confidence high
sentiment neutral
materiality 0.65
Intellia Therapeutics expands ATM equity facility from $400M to $750M
Intellia Therapeutics, Inc.
- Intellia increased at-the-market equity offering facility from $400M to $750M via amendment to Jefferies Sales Agreement.
- As of 2/23/24, ~$374M of shares sold; additional $350M authorized under new prospectus supplement.
- Remaining unsold shares under existing prospectus: ~$25.7M.
- Jefferies LLC continues as sales agent, receiving 3.0% of gross proceeds.