
Corporate ActionJun 29, 2026, 04:12 PM
Nuvectis Pharma Suspends ATM Offering Prospectus; Reduces to $5M
AI Summary
Nuvectis Pharma, Inc. announced the suspension of its Sales Agreement Prospectus, which allowed the company to sell shares of its common stock through Leerink Partners LLC. The company reduced the available amount for sales under the prospectus to $5 million. While the prospectus is suspended, the underlying Sales Agreement remains active, and no further sales will occur until a new prospectus or registration statement is filed.
Key Highlights
- Nuvectis Pharma suspended its Sales Agreement Prospectus for common stock sales.
- The amount available for sales under the prospectus was lowered to $5 million.
- The Sales Agreement with Leerink Partners LLC, established May 9, 2025, remains in full force.
- No sales of shares will be made until a new prospectus or registration statement is filed.
Price Impact
More from NVCT