other material
confidence high
sentiment neutral
materiality 0.55
LightPath enters ATM equity facility with A.G.P. for up to $25.2M
LIGHTPATH TECHNOLOGIES INC
- Sales Agreement with A.G.P./Alliance Global Partners for at-the-market offering of common stock.
- Aggregate offering price up to $25.2 million; commission of 3.0% of gross proceeds.
- Company not obligated to sell any shares; sales at Company's discretion via A.G.P.
- Registration statement on Form S-3 filed February 15, 2022; facility effective upon SEC declaration.