Astrotech terminates unused at-the-market equity offering agreement with H.C. Wainwright

ASTROTECH Corp

Terminated ATM agreement dated June 16, 2023 with H.C. Wainwright, effective June 27, 2023.
Agreement allowed up to $5,982,724 in common stock sales; no shares were sold before termination.
Company not subject to any termination penalties.

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 terminated ATM Agreement with H.C. Wainwright & Co., LLC valued at up to $5,982,724 (effective 2023-06-26).

Action: termination
Agreement: atm program
Counterparty: H.C. Wainwright & Co., LLC
Value: up to $5,982,724
Effective: 2023-06-26

Exact text from the filing

On June 26, 2023, Astrotech Corporation (the “Company”) delivered notice to H.C. Wainwright & Co., LLC (“Wainwright”) to terminate its at-the-market offering agreement, dated as of June 16, 2023 (the “ATM Agreement”), with Wainwright.

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Source: SEC EDGAR

accession 0001437749-23-018625

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