Lightwave Logic Ups Stock Sale Limit to $51.4M

Lightwave Logic, Inc. amended its sales agreement with Roth Capital Partners, LLC, increasing the maximum amount of common stock that can be sold under the agreement to $51,404,500. The company has already sold 8,079,319 shares, generating gross proceeds of approximately $35 million under the existing agreement. This amendment allows the company to raise additional capital through at-the-market offerings.