other material
confidence high
sentiment neutral
materiality 0.65
Greenwich LifeSciences enters $100M ATM equity offering agreement with Jefferies
Greenwich LifeSciences, Inc.
- Entered Open Market Sale Agreement with Jefferies LLC for at-the-market offering of common stock up to $100M.
- Commission rate of up to 3.0% of gross proceeds; Jefferies gets customary indemnification.
- Proceeds intended for general corporate purposes including GP2 clinical development, R&D, working capital.
- No obligation to sell any shares; company can suspend offering.