other material
confidence high
sentiment neutral
materiality 0.60
Gaxos.ai enters $3M ATM equity facility with H.C. Wainwright
GAXOS.AI INC.
- At-the-market offering of up to $3,000,000 of common stock via H.C. Wainwright as sales agent.
- Commission of 3.0% on gross proceeds; Wainwright reimbursed for specified expenses.
- Sales may be made on Nasdaq or other market; Company can suspend at any time.
- Offering terminates upon sale of $3M in shares or termination by either party.
- Shares offered under effective shelf registration statement (File 333-283758) dated Dec 18, 2024.