---
schema_version: "secwatch.filing_event.v1"
accession: "0001490978-24-000020"
form_type: "8-K"
ticker: "SDGR"
cik: "0001490978"
company_name: "Schrodinger, Inc."
filed_at: "2024-02-29T23:59:59+00:00"
generated_at: "2026-06-05T06:33:11.987234+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Schrödinger enters ATM equity agreement with Leerink to sell up to $250M of common stock

## Summary
- Up to $250M of common stock may be sold at-the-market through Leerink Partners under new Sales Agreement.
- Agreement amends and restates prior May 2023 Sales Agreement; no shares sold under prior agreement.
- Company will pay Leerink commissions up to 3% of gross proceeds and provide customary indemnification.
- Shares will be issued under new shelf registration statement filed on February 28, 2024 (333-277479).

## SEC filing metadata
- accession: 0001490978-24-000020
- form_type: 8-K
- ticker: SDGR
- cik: 0001490978
- company_name: Schrodinger, Inc.
- filed_at: 2024-02-29T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1490978/000149097824000020/0001490978-24-000020-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1490978/000149097824000020/sdgr-20240228.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001490978-24-000020
- JSON: https://secwatch.observer/filing/0001490978-24-000020.json
- Plain text: https://secwatch.observer/filing/0001490978-24-000020.txt

## Key facts
- Material Agreements
  Schrodinger, Inc. amended Amended and Restated Sales Agreement with Leerink Partners LLC valued at up to $250.0 million (effective 2024-02-28).
  - Action: amendment
  - Agreement: atm program
  - Counterparty: Leerink Partners LLC
  - Value: up to $250.0 million
  - Effective: 2024-02-28
  source text: On February 28, 2024, Schrödinger, Inc., a Delaware corporation (the “ Company ”), entered into an Amended and Restated Sales Agreement (the “ Sales Agreement ”) with Leerink Partners LLC, as agent (“ Leerink Partners ”), pursuant to which the Company may offer and sell shares of its common stock, $0.01 par value per share (the “ Common Stock ”), from time to time through Leerink Partners.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1490978/000149097824000020/0001490978-24-000020-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.