other material
confidence high
sentiment neutral
materiality 0.40
GRI Bio enters into ATM equity offering agreement with H.C. Wainwright for up to $961,579
GRI Bio, Inc.
- Company may sell up to $961,579 of common stock through H.C. Wainwright as sales agent.
- Wainwright receives 3% commission on gross proceeds; no obligation for Company to sell.
- Shares offered on Nasdaq as at-the-market sales under May 20, 2024 prospectus supplement.
- Company can suspend or terminate the agreement at any time; $10M aggregate cap also applies.