Lightbridge sets up $75M at-the-market program
Lightbridge Corporation filed a prospectus supplement for the offer and sale of up to $75,000,000 of its common stock under an at-the-market equity offering program.
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Rhea-AI Filing Summary
Lightbridge Corporation filed a prospectus supplement for the offer and sale of up to $75,000,000 of its common stock under an at-the-market equity offering program.
The shares may be issued and sold from time to time through Jefferies LLC, acting as sales agent, pursuant to an existing Open Market Sale Agreement and the company’s effective shelf registration statement on Form S-3. The filing also includes a legal opinion and related consent from counsel, which are incorporated by reference into the registration statement.
8-K Event Classification
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Lightbridge (LTBR) disclose in this 8-K?
Lightbridge Corporation disclosed that it filed a prospectus supplement for the offer and sale of up to $75,000,000 of its common stock under an at-the-market equity offering program.
How much common stock can Lightbridge sell under the new prospectus supplement?
The prospectus supplement covers the offer and sale of up to $75,000,000 of Lightbridge’s common stock pursuant to its at-the-market program.
What agreement governs Lightbridge’s at-the-market offering with Jefferies?
The sales are made under an Open Market Sale AgreementSM between Lightbridge Corporation and Jefferies LLC, which serves as the company’s sales agent.
Which registration statement does Lightbridge use for this at-the-market program?
The at-the-market offering is conducted under Lightbridge’s effective Form S-3 shelf registration statement, File No. 333-287563.
What exhibits did Lightbridge file in connection with this prospectus supplement?
Lightbridge filed an opinion of counsel (Exhibit 5.1) and a related consent of counsel (Exhibit 23.1), along with the cover page interactive data file (Exhibit 104).
Who is the sales agent for Lightbridge’s at-the-market equity offering?
Jefferies LLC acts as the sales agent for Lightbridge’s at-the-market equity offering of common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.