other material
confidence high
sentiment neutral
materiality 0.70
LENZ Therapeutics enters into $150M ATM sales agreement with TD Cowen
LENZ Therapeutics, Inc.
- Company entered Sales Agreement with TD Securities (USA) LLC to sell up to $150M common stock via ATM offering.
- TD Cowen will act as sales agent and receive up to 3.0% of gross proceeds from shares sold.
- Shares will be issued under shelf registration statement on Form S-3 filed April 4, 2025.
- Company has no obligation to sell shares and may suspend offerings at any time.
- Agreement can be terminated by either party on 10 days' notice or immediately under certain conditions.