other material
confidence high
sentiment neutral
materiality 0.60
Organogenesis enters $75M at-the-market equity distribution agreement with BTIG and Citizens JMP
Organogenesis Holdings Inc.
- Up to $75M of Class A common stock may be sold from time to time through BTIG and Citizens JMP Securities.
- Agents receive a 3% commission on the gross sales price per share sold under the agreement.
- Company has no obligation to sell any shares; sales are at its discretion based on market conditions.
- Shares will be sold on Nasdaq Capital Market via at-the-market offerings under Rule 415(a)(4).
- Agreement includes customary indemnification; terminates upon termination per its terms.