other_material
confidence high
sentiment neutral
materiality 0.20
Tempest Therapeutics suspends ATM prospectus; Sales Agreement remains in effect
Tempest Therapeutics, Inc.
- Delivered notice to Jefferies to terminate ATM prospectus dated Feb 6, 2025.
- No sales of common stock under Sales Agreement until new prospectus filed.
- Underlying Open Market Sale Agreement with Jefferies remains in full force.
- Company retains ability to resume ATM sales after filing new prospectus.
item 8.01