other_material
confidence high
sentiment neutral
materiality 0.70
Eastman Kodak enters ATM equity offering for up to $100M of common stock
EASTMAN KODAK CO
- Agreement with BofA Securities allows sale of up to $100M of KODK common stock at prevailing market prices.
- Net proceeds to be used for general corporate purposes; no minimum sale obligation.
- BofA commission capped at 3% of gross sales price; shares issued under effective shelf registration.
- Sales agreement dated May 21, 2025; program is at-the-market (ATM) offering.
item 8.01item 9.01