other material
confidence high
sentiment neutral
materiality 0.45
VolitionRx enters up to $7.5M at-the-market stock offering agreement with JonesTrading
VOLITIONRX LTD
- New 'Capital on Demand' sales agreement with JonesTrading allows sale of up to $7.5M common stock via ATM.
- Sales agent commission 3% of gross proceeds; company not obligated to sell any shares.
- Replaces prior $25M ATM program with Jefferies, terminated effective April 20, 2025.
- Proceeds intended for R&D, product development, clinical studies, commercialization, working capital, and potential acquisitions.