Coherus sets $64.9M at-the-market stock program
Coherus Oncology, Inc. filed a prospectus supplement tied to its existing Sales Agreement with TD Securities (USA) LLC (TD Cowen), allowing it to sell shares of common stock from time to time in an at-the-market offering program.
Rhea-AI Filing Summary
Coherus Oncology, Inc. filed a prospectus supplement tied to its existing Sales Agreement with TD Securities (USA) LLC (TD Cowen), allowing it to sell shares of common stock from time to time in an at-the-market offering program. The company may offer and sell common stock having an aggregate offering price of up to $64,880,054 through or to TD Cowen under this arrangement.
The filing also includes a legal opinion from Latham & Watkins LLP on the validity of the common stock to be issued under the Sales Agreement, along with the related consent and cover page interactive data file as exhibits.
Positive
- None.
Negative
- None.
8-K Event Classification
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Coherus Oncology (CHRS) disclose in this 8-K filing?
How much stock can Coherus Oncology (CHRS) sell under the updated Sales Agreement?
What is the role of TD Securities (USA) LLC (TD Cowen) in Coherus Oncology’s ATM program?
What legal documents did Coherus Oncology (CHRS) file with this 8-K?
Does this 8-K mean Coherus Oncology (CHRS) is issuing $64.9 million of stock immediately?
Which prior agreements does the new prospectus supplement for Coherus Oncology (CHRS) relate to?
AI-generated analysis. How Rhea-AI works. Not financial advice.