other material
confidence high
sentiment neutral
materiality 0.50
QuickLogic enters $20M at-the-market equity facility with Needham & Co.
QUICKLOGIC Corp
- Entered into At Market Issuance Sales Agreement with Needham & Company, LLC for up to $20M of common stock.
- Shares sold on 'at the market' basis; company under no obligation to sell any shares.
- Agent receives 3.0% commission on gross sales price; company grants customary indemnification.
- Offering made under existing effective shelf registration statement (Form S-3 filed August 2022).