other material
confidence high
sentiment negative
materiality 0.60
Hoth Therapeutics increases ATM offering capacity by $5M to $7.7M total
Hoth Therapeutics, Inc.
- Increased maximum aggregate offering under ATM facility with H.C. Wainwright by $5M.
- Approximately $2.7M in shares already sold under the facility prior to this increase.
- Combined total potential offering now up to $7.7M.
- Offering dilutes existing shareholders; proceeds for general corporate purposes.