other_material
confidence high
sentiment neutral
materiality 0.55
HeartSciences increases ATM equity offering limit to $25M in amended distribution agreement
HeartSciences Inc.
- Amendment No. 3 to Equity Distribution Agreement raises maximum offering from $15M to $25M of common stock.
- Commission rate: 4% on gross proceeds up to $11,036,310; 3% on excess.
- Non-affiliate public float ~$14.7M; shelf sales limited to ~$4.9M per 12 months under S-3 I.B.6.
- No shares sold under I.B.6 in prior 12 months.
item 1.01item 9.01