secwatch / observer
8-K filed June 16, 2023, 7:59 PM ET ticker ASTC CIK 0001001907
other material confidence high sentiment negative materiality 0.60

Astrotech enters $5.98M ATM equity offering; terminates share repurchase program

ASTROTECH Corp

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

ASTROTECH Corp entered into Offering Agreement with H.C. Wainwright & Co., LLC valued at $5,982,724 (effective 2023-06-16).

Action
entry
Agreement
atm program
Counterparty
H.C. Wainwright & Co., LLC
Value
$5,982,724
Effective
2023-06-16
Exact text from the filing
On June 16, 2023, Astrotech Corporation (the “Company”), entered into an at-the-market offering agreement (the “Offering Agreement”) with H.C. Wainwright & Co., LLC, as agent (“Wainwright”), pursuant to which the Company may offer and sell, from time to time through Wainwright shares of the Company’s common stock, par value $0.001 per share (the “Common Stock”), having an aggregate offering price of up to $5,982,724 (the “Shares”).
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

ASTROTECH Corp terminated Prior At The Market Offering Agreement with H.C. Wainwright & Co., LLC (effective 2023-06-16).

Action
termination
Agreement
atm program
Counterparty
H.C. Wainwright & Co., LLC
Effective
2023-06-16
Exact text from the filing
Effective June 16, 2023, in connection with entry into the Offering Agreement described above in Item 1.01, the Company and Wainwright terminated the prior At The Market Offering Agreement, dated as of December 18, 2020 (the “Prior Offering Agreement”), by and between the Company and Wainwright, pursuant to Section 8(c) of the Prior Offering Agreement.
View on SEC.gov

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ASTROTECH Corp filing history →

Source: SEC EDGAR
accession 0001437749-23-017733
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