other_material
confidence high
sentiment neutral
materiality 0.70
Aqua Metals secures up to $10M common stock purchase agreement with Lincoln Park Capital
Aqua Metals, Inc.
- Lincoln Park committed to purchase up to $10M of common stock over 24 months at company's discretion.
- Regular purchases up to 20,000 shares per day (max $500K each); accelerated purchases allowed.
- Company issued 227,175 shares to Lincoln Park as commitment fee for the facility.
- Sales require effectiveness of a resale registration statement; company must file within 10 days.
- Company may terminate agreement with one business day notice at no cost or penalty.
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