other material
confidence high
sentiment neutral
materiality 0.50
Atlas Lithium enters $25M ATM equity facility with H.C. Wainwright
Atlas Lithium Corp
- Company entered ATM Agreement with H.C. Wainwright to sell up to $25M of common stock through at-the-market offerings.
- Wainwright receives commission of up to 3.0% of gross sales proceeds; Company may suspend or terminate at any time.
- Sales will be made under existing S-3 registration statement effective September 2023 via prospectus supplement dated Nov 22, 2024.
- Agreement contains customary representations, warranties, indemnification; terminates upon full issuance or termination.