other material
confidence high
sentiment neutral
materiality 0.70
Astrotech enters $24.5M ATM equity offering agreement with H.C. Wainwright
ASTROTECH Corp
- ATM agreement with H.C. Wainwright for sale of up to $24,492,819 of common stock.
- Wainwright receives 3.0% commission on gross proceeds; company reimburses certain expenses.
- Shares sold via ordinary brokers' transactions on Nasdaq at market prices per Rule 415.
- Offering terminates when all shares sold or agreement terminated; no minimum obligation.