other material
confidence high
sentiment neutral
materiality 0.60
Bridger Aerospace launches $100M at-the-market equity offering program
Bridger Aerospace Group Holdings, Inc.
- Company entered into a new Sales Agreement with Stifel and Canaccord Genuity for ATM sales of up to $100M of common stock.
- Prior ATM program (with Virtu Americas) terminated; only $0.2M had been sold under that program.
- Sales agents to receive 3% commission on gross sales price; company retains discretion over use of proceeds.
- Net proceeds expected to be used for general corporate purposes, including working capital.