Arteris and Jefferies mutually terminate $50M ATM equity offering agreement

Arteris, Inc.

Mutual termination of Sale Agreement dated Nov 8, 2022.
Agreement allowed for up to $50M in at-the-market sales of common stock.
No shares of common stock were sold under the terminated agreement.
Termination effective May 4, 2023.

item 1.02

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Arteris, Inc. terminated Sale Agreement with Jefferies LLC valued at $50,000,000 (effective 2023-05-04).

Action: termination
Agreement: atm program
Counterparty: Jefferies LLC
Value: $50,000,000
Effective: 2023-05-04

Exact text from the filing

On May 4, 2023, Arteris, Inc. (the “Company”) and Jefferies LLC (“Jefferies”) mutually terminated the Sale Agreement between the parties dated November 8, 2022.

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Arteris, Inc. filing history →

Source: SEC EDGAR

accession 0001667011-23-000017

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