T Stamp Inc. to Offer Up to $5.3M in Stock Via Maxim Group
T Stamp Inc. has entered into an Equity Distribution Agreement with Maxim Group LLC, allowing the company to offer and sell shares of its common stock through Maxim as sales agent or principal. The offering, valued at up to $5,323,474, will be conducted under the company's effective Form S-3 registration statement. Maxim will receive a 3.0% commission on gross proceeds and reimbursement for expenses. The agreement allows for sales via "at the market" offerings or other permitted methods, with no obligation for T Stamp to sell any shares.
Key Highlights
- T Stamp Inc. entered into an Equity Distribution Agreement with Maxim Group LLC.
- The agreement allows T Stamp to offer and sell shares of its common stock from time to time through Maxim.
- Maxim will act as sales agent or principal for the sale of common stock.
- The offering is made under T Stamp's effective registration statement on Form S-3.
- The ATM Prospectus relates to the offering of up to $5,323,474 worth of common stock.
- T Stamp will pay Maxim a commission of 3.0% of aggregate gross proceeds and reimburse expenses up to $40,000.
Price Impact
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