other material
confidence high
sentiment neutral
materiality 0.40
Daré Bioscience enters into ATM equity offering program with Stifel and Cantor
Dare Bioscience, Inc.
- Entered into sales agreement with Stifel and Cantor for at-the-market equity offering of common stock.
- Commission of 3.0% of gross proceeds payable to sales agents.
- Shares sold under existing shelf registration statement filed March 30, 2021.
- Company sets parameters including maximum shares, time period, and minimum price.
- Sales may be made on Nasdaq or in privately negotiated transactions.