other material
confidence high
sentiment neutral
materiality 0.55
Fluent enters ATM sales agreement for up to ~$11.2M common stock offering
Fluent, Inc.
- Up to ~$11.2M of common stock may be sold through Lake Street Capital Markets as sales agent.
- Lake Street receives a 3.0% commission on gross proceeds; Company reimburses certain expenses.
- Shares offered under existing Form S-3 shelf registration effective September 9, 2024.
- Company is not obligated to sell any shares; ATM can be terminated by either party.