VirnetX enters at-the-market offering deal for up to $19,135,717 of common stock
VHC•VirnetX entered an at-the-market offering agreement to sell up to $19,135,717 of common stock. Titan Partners will receive a 3.0% commission on gross sales, and net proceeds are earmarked for product development, marketing and general corporate purposes.
1. Offering terms
VirnetX entered an at-the-market offering agreement with Titan Partners Securities to sell up to $19,135,717 of common stock from time to time through the agent under its existing shelf registration statement. Titan Partners will receive a 3.0% commission on gross sales, and net proceeds are earmarked for product development, marketing and general corporate purposes.
