other material
confidence high
sentiment positive
materiality 0.50
Alpha Cognition reduces Spartan Capital fee to 1% and waives future rights for upcoming A.G.P. offering
Alpha Cognition Inc.
- Spartan Capital fee on planned public offering cut from 2.5% to 1% via Agreement and Waiver dated June 10, 2024.
- Spartan waives future rights under Investment Banking Agreement solely for this transaction, effective at closing.
- Offering led by Alliance Global Partners/A.G.P. treated as an Alternative Transaction under Section 3(d).
- All other terms of the existing Investment Banking Agreement remain in full force and effect.