other_material
confidence high
sentiment neutral
materiality 0.70
Moleculin Biotech enters $6.5M ATM equity offering with Roth Capital
Moleculin Biotech, Inc.
- Enters ATM agreement to sell up to $6.5M of common stock via Roth Capital as agent.
- Placement fee of 3.0% of gross proceeds; Roth Capital reimbursed up to $50k legal fees.
- Proceeds to be used for working capital and general corporate purposes.
- Sales will be made under existing effective shelf registration statement (File No. 333-280064).
- Offering may be suspended by either party; no obligation to sell any shares.
item 1.01item 9.01