other material
confidence high
sentiment neutral
materiality 0.50
Snail Inc. expands ATM equity facility by $3.66M; prior $4.37M sold
Snail, Inc.
- Filed Amendment No. 1 to ATM prospectus increasing available capacity by $3.66M of Class A common stock.
- Prior to amendment, $4,367,863 in shares had been sold under the existing ATM program.
- H.C. Wainwright & Co. remains sales agent; company has no obligation to issue shares.
- Expanded facility aims to enhance financial flexibility for capital access as needed.