Co-Diagnostics removes Maxim as party to ATM waterfall distribution agreement
CODX•Co-Diagnostics amended its financing disclosure on October 15, 2026, removing Maxim Group as a party to its ATM Waterfall Distribution Agreement. The agreement directs the first $1 million in net ATM proceeds to lender J.J. Astor, while a separate letter requires Maxim to remit net proceeds within three business days.
1. ATM agreement amended
Co-Diagnostics amended its financing disclosure on October 15, 2026, removing Maxim Group as a party to the ATM Waterfall Distribution Agreement. A separate ATM Payment Direction Letter requires Maxim to remit net offering proceeds to a designated deposit account within three business days, and the waterfall agreement directs the first $1 million in net ATM proceeds to lender J.J. Astor.
