other material
confidence high
sentiment neutral
materiality 0.55
Climb Bio enters $100M ATM equity facility with Jefferies, terminates prior Oppenheimer agreement
Climb Bio, Inc.
- Enters $100M at-the-market equity distribution agreement with Jefferies LLC for common stock sales.
- Jefferies will receive up to 3.0% of gross sales price per share; proceeds to fund general corporate purposes.
- Terminates prior $22.35M ATM facility with Oppenheimer & Co.; no shares were sold, no penalties incurred.
- Shares sold from time to time on Nasdaq Global Market at prevailing market prices.