MIRA Pharmaceuticals (NASDAQ: MIRA) adds $15,241,591 to ATM stock program
Rhea-AI Filing Summary
MIRA Pharmaceuticals, Inc. disclosed that it filed a prospectus supplement to increase the maximum aggregate amount of common stock that may be sold under its at-the-market offering agreement with Rodman & Renshaw LLC by an additional $15,241,591.
The company previously sold $7,034,658 of common stock under this sales agreement using an earlier prospectus supplement. A legal opinion covering the additional common stock issuable under the program is included as an exhibit, supporting the continued use of this at-the-market facility.
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FAQ
What did MIRA Pharmaceuticals (MIRA) change about its at-the-market offering?
MIRA Pharmaceuticals filed a prospectus supplement to increase the maximum aggregate amount of common stock that may be sold under its at-the-market offering agreement by an additional $15,241,591.
How much has MIRA Pharmaceuticals (MIRA) already sold under its at-the-market program?
The company previously sold $7,034,658 of common stock under the same at-the-market sales agreement using a prior prospectus supplement.
Who is MIRA Pharmaceuticals’ sales agent for the at-the-market offering?
The at-the-market offering is conducted under a Sales Agreement with Rodman & Renshaw LLC, originally dated August 12, 2024 and amended on September 24, 2024.
What legal opinion was provided in connection with MIRA Pharmaceuticals’ updated ATM capacity?
A legal opinion regarding the legality of the additional $15,241,591 of common stock issuable under the Sales Agreement and covered by the current prospectus supplement is filed as Exhibit 5.1.
Which exhibits are included with this MIRA Pharmaceuticals (MIRA) report?
The report includes Exhibit 5.1 (opinion of Pearl Cohen Zedek Latzer Baratz LLP), Exhibit 23.1 (their consent, included in Exhibit 5.1), and Exhibit 104 (cover page interactive data file).