other material
confidence high
sentiment neutral
materiality 0.60
Broadwind enters $12M at-the-market equity distribution agreement with Roth Capital and HC Wainwright
BROADWIND, INC.
- Company may sell up to $12M of common stock in ATM offerings through Roth Capital Partners and HC Wainwright.
- Sales made under existing effective shelf registration statement (Form S-3 filed August 2020).
- Agents receive 2.75% commission on gross proceeds; Company also pays agents' expenses.
- Agreement can be suspended by either party or terminates upon full $12M sale.
- No obligation to sell; shares sold at prevailing market prices.