other material
confidence high
sentiment neutral
materiality 0.50
Lexaria Bioscience enters $20M at-the-market equity sales agreement with JonesTrading
Lexaria Bioscience Corp.
- Up to $20M of common stock may be sold from time to time through Agent JonesTrading as ATM offering.
- Agent will receive 3.0% commission on gross sales price; Company reimburses certain expenses.
- Shares sold under previously effective shelf registration statement (File No. 333-262402).
- Agreement terminates upon sale of all Shares or earlier termination by either party.
- No assurance any Shares will be issued; proceeds used for general corporate purposes.