Innventure Announces Establishment of At-the-Market Equity Program and Discontinuation of SEPA
Innventure entered into a $60 million at-the-market equity offering program and discontinued its standby equity purchase agreement with YA II PN, Ltd. dating from October 2023. The ATM becomes available following eligibility for a Form S-3 shelf registration, and sales are at the company's discretion, overseen by an independent Board committee, with no obligation to sell shares.
Key figures
- Offering Price
- 0
- Shares Offered
- up to shares aggregating $60 million (ATM program size; no shares sold yet)
- Sepa origin
- October 2023
- Sepa terminated
- Yes
- Atm program size
- $60 million
AI analysis
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