other material
confidence high
sentiment neutral
materiality 0.60
Upstream Bio enters into $150M at-the-market offering agreement with Leerink Partners
Upstream Bio, Inc.
- Company may sell up to $150M of common stock through Leerink Partners as sales agent.
- Agent will receive up to 3.0% commission on gross proceeds from sales.
- Offering made under existing shelf registration statement; no obligation to sell any shares.
- Sales may be made on Nasdaq or other markets as at-the-market offerings.
- Company can suspend or terminate offering at any time.