other material
confidence high
sentiment neutral
materiality 0.60
Clene enters $25M at-the-market equity facility with Canaccord Genuity
Clene Inc.
- Up to $25M of common stock may be sold from time to time through Canaccord as placement agent.
- Fixed commission of 3.0% of gross proceeds from each sale; use of existing Form S-3 shelf registration.
- Sales occur at market prices via Nasdaq or other methods; no obligation to sell any specific amount.