other material
confidence high
sentiment neutral
materiality 0.55
NewAmsterdam Pharma enters $150M ATM equity offering with TD Cowen as agent
NewAmsterdam Pharma Co N.V.
- Amended Sales Agreement replaces Cowen and Company with TD Cowen as sole sales agent.
- Company may issue and sell up to $150M in ordinary shares at market prices via ATM offering.
- No shares were sold under the prior December 2023 sales agreement.
- TD Cowen receives up to 3% commission on gross sales; company has no obligation to sell.
- Sales may be made through an affiliate of TD Cowen; agreement terminable at will by either party.