Here are the 424B prospectus supplements from Innodata Inc. (INOD) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow INOD and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full INOD filings page.
Innodata Inc. has established an at-the-market equity program to offer and sell up to $300,000,000 of its common stock under a shelf registration on Form S-3. Sales may be made from time to time through Goldman Sachs, Craig-Hallum, Wells Fargo Securities, Maxim Group, and Wedbush Securities as sales agents or principals, with commissions of up to 2.0% of gross proceeds, and each sales agent will be deemed an underwriter.
The company intends to use any net proceeds primarily for working capital, capital expenditures and general corporate purposes, with broad discretion over timing and application. Shares will be sold in transactions deemed "at the market offerings" under Rule 415, including on Nasdaq (symbol INOD), other trading venues, or via privately negotiated and block transactions.
Risk factors highlighted include potential dilution from future equity issuances, variability in sale prices over time, uncertainty in the total number of shares ultimately issued, and the possibility that significant or perceived share sales may depress the market price of the stock.