other material
confidence high
sentiment neutral
materiality 0.50
JanOne enters into $5M ATM equity offering with H.C. Wainwright
AI Financial Corp
- ATM agreement allows sale of up to $5M of common stock through agent H.C. Wainwright.
- Wainwright receives 3.0% commission on gross proceeds plus indemnification.
- Sales will be made at-the-market on Nasdaq; company may suspend or terminate.
- Offering is under existing shelf registration statement and new prospectus supplement.