other material
confidence high
sentiment neutral
materiality 0.75
Benitec Biopharma enters ATM sales agreement for up to $75 million common stock offering
Benitec Biopharma Inc.
- Up to $75M in common stock may be sold at-the-market through agent Leerink Partners.
- Agent commission of 3.0% of gross proceeds; Company to reimburse certain expenses.
- Net proceeds to fund product candidate development, working capital, and general corporate purposes.
- Sales under existing shelf registration statement (S-3) filed March 5, 2024.