other material
confidence high
sentiment neutral
materiality 0.65
Aqua Metals enters $30M ATM equity facility with Benchmark; terminates prior B. Riley agreement
Aqua Metals, Inc.
- Company may sell up to $30M of common stock through Benchmark as sales agent in at-the-market offerings.
- Agent commission set at 2.5% of gross proceeds; Company reimburses up to $27,500 in expenses.
- Prior ATM agreement with B. Riley FBR terminated effective September 3, 2024; no penalties incurred.
- Sales will be made under existing Form S-3 (File No. 333-267780) and a prospectus supplement.