Corporate ActionJun 5, 2026, 05:01 PM
Odysight.ai to Sell Up to $20M Common Stock via ATM Offering
AI Summary
Odysight.ai Inc. entered into a Sales Agreement with Roth Capital Partners, LLC on June 5, 2026, to potentially sell up to $20,000,000 of its common stock through "at the market offerings." The company is not obligated to sell, and the agent is not obligated to sell or offer any shares. Sales, if any, will occur at prevailing market prices, with the agent receiving a commission of up to 3.0% of the gross proceeds.
Key Highlights
- Entered Sales Agreement with Roth Capital Partners, LLC on June 5, 2026.
- May sell up to $20,000,000 in common stock through "at the market offerings."
- Sales will be made at prevailing market prices at the time of sale.
- Agent to receive a commission of up to 3.0% of the gross proceeds from sales.
- Company to reimburse agent for initial expenses up to $75,000 and quarterly expenses up to $7,500.
- Shares will be issued pursuant to the Company's shelf registration statement on Form S-3.
Price Impact
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