Intensity Therapeutics (NASDAQ: INTS) raises ATM capacity to $60M
Rhea-AI Filing Summary
Intensity Therapeutics supplements its July 11, 2024 sales agreement to increase the ATM offering size to up to $60,000,000, effective March 23, 2026. The company has previously sold 1,297,655 shares under the agreement for an aggregate gross sales price of $12,029,360.
The ATM Offering remains an at-the-market program through H.C. Wainwright & Co., LLC under the previously disclosed Offering Agreement; all other terms remain unchanged.
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FAQ
What change does Intensity Therapeutics (INTS) disclose in this prospectus supplement?
It increases the ATM offering capacity to $60,000,000 as of March 23, 2026. The supplement amends the July 11, 2024 sales agreement prospectus while otherwise leaving the Offering Agreement terms unchanged.
How much stock has INTS already sold under the July 11, 2024 sales agreement?
1,297,655 shares have been sold under the Offering Agreement for an aggregate gross sales price of $12,029,360. These sales are described as covered by the July 11, 2024 sales agreement prospectus.
Who is acting as agent for Intensity Therapeutics' ATM offering?
H.C. Wainwright & Co., LLC is the agent named in the Offering Agreement and will continue to effect sales under the at-the-market program per the prospectus supplement.
Does the prospectus supplement change how the ATM will be executed?
No—execution terms remain unchanged; the supplement only increases the maximum aggregate gross sales price to $60,000,000. The Offering Agreement remains in full force and effect per the supplement.