other material
confidence high
sentiment neutral
materiality 0.50
Xenon Pharmaceuticals enters amended ATM equity offering agreement for up to $250M
Xenon Pharmaceuticals Inc.
- Amendment to August 2020 ATM sales agreement with Jefferies and Stifel, filed March 1, 2022.
- Company may offer and sell up to $250 million of common shares at-the-market on Nasdaq.
- Sales agents Jefferies and Stifel will receive up to 3.0% commission on gross proceeds.
- No minimum obligation to sell; program may be terminated by either party upon written notice.
- Shares sold under existing shelf registration statement (File No. 333-260010) and prospectus supplement.