AIM Immunotech suspends ATM offering; $2.85M sold
AIM Immunotech Inc. supplements its prospectus to suspend its at-the-market equity distribution agreement and terminate the continuous offering.
Rhea-AI Filing Summary
AIM Immunotech Inc. supplements its prospectus to suspend its at-the-market equity distribution agreement and terminate the continuous offering. The Prospectus had registered the offer and sale of up to $3,409,174 of common stock under an Equity Distribution Agreement with Maxim Group LLC. As of this supplement dated May 19, 2026, the company reports $2,847,151.09 of common stock sold under the EDA and a last reported sale price of $0.4080 per share on May 18, 2026. The supplement states the company will not make any sales under the EDA unless and until a new prospectus supplement is filed; the EDA itself remains in full force and effect.
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Insights
ATM program sales paused; registration remains available for future use only after new supplement.
The filing suspends the active at-the-market offering and terminates the continuous offering while leaving the Equity Distribution Agreement in force. It confirms $2,847,151.09 has been sold to date against a registered $3,409,174 capacity.
Timing for any resumed sales requires a new prospectus supplement to be filed; cash-flow treatment and intended use of proceeds are not stated in this excerpt. Subsequent filings would disclose any restart or material changes.
Key Figures
Key Terms
Equity Distribution Agreement regulatory
at-the-market market
prospectus supplement regulatory
sales agent market
Offering Details
FAQ
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What did AIM (AIM) do in this prospectus supplement?
How much capacity was registered under AIM's EDA?
How much has AIM sold under the EDA as of the supplement?
Will AIM resume sales under the EDA without filing more paperwork?
AI-generated analysis. How Rhea-AI works. Not financial advice.
