Rocket One boosts ATM share offering by $6.83M
Rocket One Inc. disclosed that it has increased the maximum aggregate offering price of its common stock available under its at-the-market sales agreement with H.C.
Rhea-AI Filing Summary
Rocket One Inc. disclosed that it has increased the maximum aggregate offering price of its common stock available under its at-the-market sales agreement with H.C. Wainwright & Co., LLC by up to an additional $6,829,000. This ATM program allows the company to issue and sell shares of common stock from time to time into the market. The company also noted that approximately $9,279,067 of common stock had already been sold under this agreement before the increase and that it filed a new prospectus supplement and related legal opinion to cover the expanded capacity.
Positive
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8-K Event Classification
2 items: 8.01, 9.01
2 items
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
Additional ATM capacity: $6,829,000 aggregate offering price
Shares sold to date under ATM: approximately $9,279,067
2 metrics
Additional ATM capacity
$6,829,000 aggregate offering price
Additional common stock under At The Market Offering Agreement
Shares sold to date under ATM
approximately $9,279,067
Common stock already sold under the Sales Agreement
Key Terms
At The Market Offering Agreement, prospectus supplement, Emerging growth company, legal opinion, +1 more
5 terms
At The Market Offering Agreement financial
"issuable under the At The Market Offering Agreement (the “Sales Agreement”) with H.C. Wainwright & Co., LLC"
An at-the-market offering agreement is a contract that lets a company sell newly issued shares directly into the open market through a broker, at whatever price the stock is trading at that moment. For investors this matters because it can increase the number of shares available (which may dilute existing ownership) while providing a flexible, often faster way for the company to raise cash without fixing a price, similar to a vendor selling small batches at current market stalls rather than setting a single fixed price.
prospectus supplement regulatory
"and filed a prospectus supplement (the “Current Prospectus Supplement”)."
A prospectus supplement is an additional document provided alongside a company's main offering details, offering updated or extra information about a specific financial product being sold. It helps investors understand the latest terms, risks, and details of the investment, similar to how an update or revision clarifies or expands on original instructions, ensuring they have current and complete information before making a decision.
Emerging growth company regulatory
"Emerging growth company Item 8.01 Other Events."
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
legal opinion regulatory
"A copy of the legal opinion as to the legality of the $6,829,000 shares of Common Stock"
Consent regulatory
"Consent of Sheppard Mullin Richter & Hampton LLP (included in Exhibit 5.1)"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Rocket One Inc. change in its June 3, 2026 8-K?
Rocket One Inc. increased the capacity of its at-the-market equity program by up to an additional $6,829,000 in common stock, supported by a new prospectus supplement and legal opinion to cover the expanded issuance.
How large is Rocket One Inc.’s additional ATM capacity?
The additional at-the-market capacity is up to an aggregate of $6,829,000 in common stock. This amount represents new potential issuance on top of shares already sold under the existing sales agreement with H.C. Wainwright & Co., LLC.
How much stock has Rocket One already sold under the ATM agreement?
Rocket One has sold approximately $9,279,067 of common stock under its at-the-market sales agreement to date. This historical amount is separate from the newly added $6,829,000 of additional offering capacity disclosed in the filing.
Who is Rocket One’s sales agent for the ATM offering?
H.C. Wainwright & Co., LLC acts as Rocket One’s sales agent under the At The Market Offering Agreement. The firm may sell shares into the market on Rocket One’s behalf under the terms of the agreement and related prospectus supplement.
What new documents did Rocket One file with this ATM increase?
Rocket One filed a new prospectus supplement covering the expanded ATM capacity and a legal opinion on the validity of the shares. The legal opinion from Sheppard Mullin Richter & Hampton LLP is included as Exhibit 5.1, with a related consent in Exhibit 23.1.
AI-generated analysis. How Rhea-AI works. Not financial advice.
