other material
confidence high
sentiment neutral
materiality 0.50
Gaxos.ai increases ATM offering by $2.6M to total $5.6M
GAXOS.AI INC.
- Company upsized ATM equity offering with H.C. Wainwright by $2.6 million aggregate price.
- Approximately $3.0 million of shares already sold under prior ATM; new total capacity ~$5.6 million.
- Prospectus supplement filed; legal opinion from Sheppard Mullin included as Exhibit 5.1.
- Shares are common stock, par value $0.0001, sold on Nasdaq under symbol GXAI.