other material
confidence high
sentiment neutral
materiality 0.70
Alzamend Neuro enters $3M at-the-market equity agreement with Ascendiant Capital
Alzamend Neuro, Inc.
- Up to $3.0M in common stock may be sold periodically via ATM offering with sole agent Ascendiant Capital Markets.
- Sales occur under effective shelf registration statement (Form S-3, File No. 333-273610) from August 2023.
- Company controls timing, price, and volume; agent uses commercially reasonable efforts with no minimum commitment.
- Common stock trades on Nasdaq under ALZN; shares sold will be freely tradable.