other material
confidence high
sentiment neutral
materiality 0.50
Oncocyte enters $7.5M ATM with Needham, terminates prior $50M BTIG ATM
Insight Molecular Diagnostics Inc.
- Enters Sales Agreement with Needham & Company for up to $7.5M of common stock at-the-market.
- Terminates prior ATM agreement with BTIG, LLC dated June 11, 2021 for up to $50M.
- Company may sell shares from time to time; Needham receives 3.0% commission on gross proceeds.
- Net proceeds intended for working capital and general corporate purposes.
- Placement shares registered under S-3 effective August 7, 2024.