other material
confidence high
sentiment neutral
materiality 0.50
Context Therapeutics enters $75M at-the-market equity offering with Leerink Partners
Context Therapeutics Inc.
- ATM facility allows sale of up to $75M of common stock from time to time.
- Leerink Partners receives 3.0% commission on gross proceeds; company reimburses certain expenses.
- Net proceeds to fund R&D of product candidates and working capital / general corporate purposes.
- Shares offered under effective S-3 filed Nov 2022; prospectus supplement dated Dec 2, 2024.
- Company not obligated to sell any shares; agreement terminates upon full sale or earlier termination.