other material
confidence high
sentiment neutral
materiality 0.50
Cadrenal Therapeutics enters ATM agreement with H.C. Wainwright for up to $5.14M in common stock
Cadrenal Therapeutics, Inc.
- Entered ATM agreement with H.C. Wainwright to sell up to $5,143,730 of common stock from time to time.
- Sales agent compensation is 3.0% of gross proceeds; no minimum sale obligation.
- Offering subject to effectiveness of Form S-3 registration statement filed March 11, 2024.
- Company can terminate agreement at any time; Wainwright can terminate on material adverse change.