secwatch.observer — SEC 8-K summary
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Issuer:     ASTROTECH Corp (ASTC)
CIK:        0001001907
Form:       8-K
Filed at:   2023-06-16T23:59:59+00:00
Accession:  0001437749-23-017733
Event type: other_material
Sentiment:  negative
Materiality: 0.60
Item codes: 1.01, 1.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Astrotech enters $5.98M ATM equity offering; terminates share repurchase program
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- Entered at-the-market offering agreement with H.C. Wainwright for up to $5,982,724 of common stock.
- Prior ATM agreement with Wainwright dated Dec 2020 terminated concurrently.
- Company terminated its existing share repurchase program effective June 16 to comply with Regulation M.
- Wainwright receives 3.0% commission on gross proceeds; company reimburses certain expenses.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1001907/000143774923017733/0001437749-23-017733-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1001907/000143774923017733/astc20230615_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-017733

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