other material
confidence high
sentiment neutral
materiality 0.50
WidePoint enters ATM offering agreement for up to $15.5M common stock
WIDEPOINT CORP
- Entered ATM offering agreement with H.C. Wainwright to sell up to $15.5M of common stock.
- Sales agent receives 3.0% commission on gross proceeds; no obligation to sell shares.
- Net proceeds expected for general corporate purposes, including potential acquisitions.
- Agreement terminates upon sale of all shares or earlier termination by either party.