secwatch.observer — SEC 8-K summary
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Issuer:     Schrodinger, Inc. (SDGR)
CIK:        0001490978
Form:       8-K
Filed at:   2023-05-24T23:59:59+00:00
Accession:  0001490978-23-000055
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Schrodinger enters $250M at-the-market stock offering with SVB Securities
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- Up to $250M in common stock may be sold through SVB Securities as sales agent.
- SVB Securities will receive up to 3.0% commission on gross proceeds.
- Shares will be sold under existing S-3ASR shelf registration; prospectus supplement filed May 24, 2023.
- Offering may be suspended or terminated by either party; no use of proceeds disclosed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1490978/000149097823000055/0001490978-23-000055-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1490978/000149097823000055/sdgr-20230524.htm
  HTML page:      https://secwatch.observer/filing/0001490978-23-000055

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer