Azitra enters $3.5 million at-the-market equity distribution agreement with A.G.P
AZTR•Azitra entered an agreement with A.G.P. to sell up to $3.5 million of common stock. The company may use proceeds for working capital and general corporate purposes, and A.G.P. will receive a 3% cash fee on gross proceeds.
1. Stock sale agreement
Azitra entered an at-the-market sales agreement with A.G.P./Alliance Global Partners to sell up to $3.5 million of common stock. Sales may occur from time to time through A.G.P. on NYSE American or other trading venues, at Azitra’s discretion. The company also agreed to reimburse certain expenses.
