other material
confidence high
sentiment neutral
materiality 0.60
4D Molecular Therapeutics enters $250M ATM equity distribution agreement with Leerink Partners
4D Molecular Therapeutics, Inc.
- Company enters Sales Agreement to sell up to $250M common stock via at-the-market offering through Leerink Partners.
- Agent compensation up to 3.0% of gross proceeds; sales made on Nasdaq via Rule 415(a)(4).
- Offering registered under existing S-3 filed Feb 2024; prospectus supplement filed June 7, 2024.
- No minimum sales obligation; company may terminate at any time upon prior notice.
- Proceeds for general corporate purposes; no escrow arrangement.