other
confidence high
sentiment neutral
materiality 0.65
Soleno Therapeutics enters $150M at-the-market equity offering with Jefferies
SOLENO THERAPEUTICS INC
- Soleno may sell up to $150M of common stock from time to time under Sale Agreement with Jefferies.
- Jefferies will use commercially reasonable efforts to sell shares as an at-the-market offering.
- Commission of 3.0% of gross proceeds; Soleno also reimburses certain expenses.
- Offering made under existing S-3ASR registration statement filed on Jan 2024.