other material
confidence high
sentiment neutral
materiality 0.55
Puma Biotechnology enters into $50M at-the-market equity distribution agreement with Jefferies
PUMA BIOTECHNOLOGY, INC.
- Up to $50M of common stock may be sold from time to time in ATM offerings through Jefferies LLC.
- Jefferies receives 3% commission on gross proceeds; sales at prevailing market prices.
- Company has no obligation to sell any shares under the agreement.
- Shares offered under existing shelf registration statement (File No. 333-257687) effective July 13, 2021.
- Agreement may remain effective until July 2024 unless earlier terminated.