other material
confidence high
sentiment neutral
materiality 0.65
Plus Therapeutics enters into $17.35M ATM equity distribution agreement with Canaccord Genuity
PLUS THERAPEUTICS, INC.
- Up to $17.35M of common stock may be sold at-the-market through Canaccord Genuity as agent.
- Commission of 3.0% of gross proceeds plus $75,000 expense reimbursement to Agent.
- Proceeds intended for general corporate purposes and working capital.
- Sales may be made on Nasdaq Capital Market under Rule 415; no obligation to sell shares.
- Offering terminates upon sale of all shares or termination of Distribution Agreement.