Quince Therapeutics (QNCX) ATM up to $75M; $68.5M remaining
Quince Therapeutics (QNCX) filed a prospectus supplement for an at‑the‑market offering of up to $75,000,000 of common stock under its Controlled Equity Offering Sales Agreement with Cantor Fitzgerald & Co. and H.C.
Rhea-AI Filing Summary
Quince Therapeutics (QNCX) filed a prospectus supplement for an at‑the‑market offering of up to $75,000,000 of common stock under its Controlled Equity Offering Sales Agreement with Cantor Fitzgerald & Co. and H.C. Wainwright & Co., LLC.
As of this supplement, the company has sold 4,823,859 shares for $6,496,274 in gross proceeds, leaving $68,503,726 available for future sales under the program. The company states it is currently no longer subject to the offering limits of General Instruction I.B.6. of Form S-3; if it becomes subject again, it will file another supplement.
QNCX common stock trades on Nasdaq under “QNCX.” The closing price was $1.93 on October 16, 2025.
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Insights
Administrative ATM update: $75M authorized; $68.5M capacity remains.
Quince Therapeutics maintains an active at‑the‑market (ATM) program for up to $75,000,000 of common stock under a Sales Agreement with Cantor Fitzgerald and H.C. Wainwright. ATMs allow issuers to sell shares into the market over time at prevailing prices.
The company reports cumulative sales of 4,823,859 shares for gross proceeds of $6,496,274, leaving $68,503,726 available. The supplement notes the company is currently not limited by General Instruction I.B.6., which had previously capped issuance relative to public float.
Future activity depends on market conditions and company decisions; the filing lists current capacity and counterparties. The last reported price was $1.93 on October 16, 2025.
FAQ
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What is Quince Therapeutics (QNCX) offering in this prospectus supplement?
How much ATM capacity remains available for QNCX?
How much has QNCX sold to date under the ATM and for what proceeds?
Who are the agents for Quince Therapeutics’ ATM program?
Is QNCX currently subject to General Instruction I.B.6. limits?
What was QNCX’s last closing price mentioned?
AI-generated analysis. How Rhea-AI works. Not financial advice.