other material
confidence high
sentiment neutral
materiality 0.60
Soligenix enters ATM equity sales agreement for up to $5.8M with AGP
SOLIGENIX, INC.
- Agreement with A.G.P./Alliance Global Partners allows sale of up to $5.8M in common stock at market prices from time to time.
- Company will pay AGP a fixed commission rate of up to 3.0% of gross proceeds from sales under the agreement.
- Sales may occur through The Nasdaq Capital Market until earliest of December 15, 2026, sale of all shares, or termination.
- Shares issued under effective shelf registration statement declared Dec. 15, 2023; prospectus supplement filed Aug. 16, 2024.
- Company has no obligation to sell any shares and may suspend or terminate the agreement at any time.