Corporate ActionJul 2, 2026, 04:14 PM
Veru Inc. Establishes $21.8M At-The-Market Equity Program
AI Summary
Veru Inc. has established an "at the market" equity offering program by entering into a Sales Agreement with Oppenheimer & Co. Inc. and Canaccord Genuity LLC. This agreement, effective July 2, 2026, allows the company to sell up to $21,800,000 of its common stock from time to time. The company will pay the sales agents a commission of 3.0% on the gross proceeds from each sale.
Key Highlights
- Veru Inc. entered into a Sales Agreement on July 2, 2026.
- The agreement allows the company to sell up to $21,800,000 of common stock.
- Oppenheimer & Co. Inc. and Canaccord Genuity LLC will act as sales agents.
- Sales will be conducted as "at the market offerings" from time to time.
- Veru Inc. will pay a commission of 3.0% of the aggregate gross proceeds from sales.
Price Impact
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