other_material
confidence high
sentiment neutral
materiality 0.55
Lantern Pharma enters $15.53M ATM equity offering agreement with ThinkEquity
Lantern Pharma Inc.
- ATM Sales Agreement allows sale of up to $15,530,000 in common stock through ThinkEquity as agent.
- Agent commission set at 3.0% of gross proceeds; sales at prevailing market prices on Nasdaq.
- Company has no obligation to sell any shares; agreement terminates upon full sale or earlier termination.
- Offering registered under existing S-3 shelf (File No. 333-279718); prospectus supplement filed July 3, 2025.
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