secwatch / observer
8-K filed April 26, 2024, 7:59 PM ET ticker LPCN CIK 0001535955
other material confidence high sentiment neutral materiality 0.40

Lipocine enters new $10.6M ATM sales agreement with A.G.P., terminates prior Cantor facility

Lipocine Inc.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Lipocine Inc. entered into ATM Agreement with A.G.P./Alliance Global Partners valued at up to $10,616,169 of Shares; 3.0% of aggregate gross proceeds per sale (effective 2024-04-26).

Action
entry
Agreement
atm program
Counterparty
A.G.P./Alliance Global Partners
Value
up to $10,616,169 of Shares; 3.0% of aggregate gross proceeds per sale
Effective
2024-04-26
Exact text from the filing
On April 26, 2024, Lipocine Inc. (the “Company”), entered into a sales agreement (the “ATM Agreement”) with A.G.P./Alliance Global Partners (“A.G.P.”), as sales agent, pursuant to which the Company may offer and sell shares of common stock, par value $0.0001 per share (the “Shares”), from time to time, in an at-the-market public offering.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Lipocine Inc. terminated Controlled Equity Offering Sales Agreement with Cantor Fitzgerald & Co. valued at terminated effective immediately upon notice; waiver of notice period (effective 2024-04-24).

Action
termination
Agreement
atm program
Counterparty
Cantor Fitzgerald & Co.
Value
terminated effective immediately upon notice; waiver of notice period
Effective
2024-04-24
Exact text from the filing
On April 24, 2024, the Company provided notice to Cantor Fitzgerald & Co. (“Cantor”) of its election to terminate the Controlled Equity Offering SM Sales Agreement between them dated March 6, 2017 (the “Sales Agreement”).
View on SEC.gov

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Lipocine Inc. filing history →

Source: SEC EDGAR
accession 0001493152-24-016777
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