other material
confidence high
sentiment neutral
materiality 0.50
InspireMD enters $17M at-the-market equity distribution agreement with Piper Sandler
InspireMD, Inc.
- New ATM allows sale of up to $17M of common stock; Piper Sandler receives 3.0% commission on gross proceeds.
- Company terminates prior AGP Sales Agreement (up to $8.313M); no shares were ever sold under that ATM.
- Proceeds to be used for operations, R&D, sales/marketing, and working capital.
- Offering conducted via prospectus supplement to existing effective S-3 registration statement (File No. 333-265409).