NeuroOne (NASDAQ: NMTC) ups at‑the‑market capacity to $13.4M via JonesTrading
Rhea-AI Filing Summary
NeuroOne Medical Technologies Corporation supplements its prior prospectuses to increase the amount of securities it may sell under its at‑the‑market sales agreement with JonesTrading to $13,400,000. The Sales Agreement, dated December 21, 2022, authorizes sales of common stock through Jones as sales agent in "at the market offerings." The supplement states the company previously sold approximately $8,359,586 under the Sales Agreement and that the aggregate market value of outstanding common stock held by non‑affiliates was $41.48 million, calculated using 8,117,474 non‑affiliate shares and a price of $5.11 per share as of April 22, 2026.
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Insights
Supplement increases ATM capacity to allow further at‑market sales.
The supplement amends prior prospectus supplements to increase the amount eligible for sale under the Sales Agreement to $13,400,000. It references the Capital on Demand™ Sales Agreement with JonesTrading dated December 21, 2022.
Cash‑flow treatment is issuer proceeds from at‑the‑market sales; the timing and volume of actual sales depend on future executions under the agreement. Subsequent filings will report specific sales amounts and methods when they occur.
Provides an additional $13.4M of at‑the‑market capacity, extending financing flexibility.
The company reports $8,359,586 previously sold under the Sales Agreement and $358,986 sold in the 12 months prior to this supplement. The supplement clarifies available registration capacity rather than a committed draw.
Market activity will depend on execution decisions; watch subsequent Form 8‑K or prospectus supplements for actual shares sold and proceeds received.

