other material
confidence high
sentiment neutral
materiality 0.55
Protagenic Therapeutics enters ATM equity offering agreement for up to $10M
Protagenic Therapeutics, Inc.new
- Entered into ATM Sales Agreement with B. Riley Securities and EF Hutton to sell up to $10M of common stock.
- Commission of 3.0% of gross sales price; agents use commercially reasonable efforts to sell shares.
- Offering made under S-3 shelf registration (No. 333-256790) effective June 23, 2021.
- Company not obligated to sell shares; agreement can be terminated by either party upon notice.