StockWatch
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Computer Software: Prepackaged Software
Corporate ActionJun 25, 2026, 05:11 PM

Aether Holdings to Sell Up to $10.99M in At-The-Market Offering

AI Summary

Aether Holdings, Inc. has entered into an At The Market Offering Agreement with Rodman & Renshaw LLC. This agreement allows the company to offer and sell up to $10,998,532 of its common stock from time to time. The sales will be conducted through Rodman & Renshaw LLC, acting as a sales agent or principal, with a commission of up to 3.0% of gross proceeds. The company intends to use any net proceeds for general corporate purposes as outlined in the prospectus supplement.

Key Highlights

  • Entered into an At The Market Offering Agreement with Rodman & Renshaw LLC.
  • May offer and sell up to $10,998,532 of common stock.
  • Sales will be made through or to Rodman & Renshaw LLC as sales agent and/or principal.
  • Company has no obligation to sell shares and can terminate the agreement.
  • Sales Agent will receive a commission of up to 3.0% of gross proceeds.
  • Net proceeds, if any, will be used as described in the prospectus supplement.