Ridgetech ends $200M ATM share offering program
Ridgetech, Inc. terminated its Sales Agreement with AC Sunshine Securities LLC governing its ATM Offering, effective July 11, 2026.
Rhea-AI Filing Summary
Ridgetech, Inc. terminated its Sales Agreement with AC Sunshine Securities LLC governing its ATM Offering, effective July 11, 2026. That agreement had allowed the company to offer and sell ordinary shares from time to time with an aggregate offering price of up to $200,000,000 under a Form F-3 shelf registration.
In connection with the termination, the company suspended sales under the ATM Offering on July 11, 2026 and has not delivered any placement notices to AC Sunshine since then. As of July 11, 2026, it had sold an aggregate of 3,487,171 ordinary shares pursuant to the ATM Offering. As of the same date, Ridgetech had 3,629,540 ordinary shares issued and outstanding.
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Filing Explained
Ridgetech stopped new sales under its
Key Figures
Key Terms
ATM Offering financial
Sales Agreement financial
shelf registration statement regulatory
prospectus supplement regulatory
FAQ
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What change did Ridgetech (RDGT) make to its ATM Offering on July 11, 2026?
How large was Ridgetech's (RDGT) ATM Offering program before termination?
Which registration statements incorporate this Ridgetech (RDGT) information by reference?
AI-generated analysis. How Rhea-AI works. Not financial advice.