Sunshine Biopharma sets up $4M at-the-market program
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Rhea-AI Filing Summary
Sunshine Biopharma Inc. entered into an At-The-Market Issuance Sales Agreement with Aegis Capital Corp., allowing the company to sell shares of its common stock from time to time for an aggregate offering price of up to $4,000,000 in at-the-market offerings through or to Aegis as exclusive sales agent.
Sales may be effected directly on or through the Nasdaq Capital Market or other existing trading markets under Rule 415(a)(4). Aegis will receive a 3.0% commission on gross proceeds plus certain reimbursed expenses. Neither party is obligated to transact, and both may terminate the agreement. The shares will be issued under the company’s shelf registration statement on Form S-3 (File No. 333-284142), effective January 15, 2025, and a July 20, 2026 prospectus supplement.
Filing Explained
As of July 20, 2026, up to $4 million is future equity capacity, not reported proceeds from a completed share sale.
Sunshine Biopharma has established up to
The arrangement is an at-the-market program, meaning shares may be sold gradually into existing trading markets at prevailing prices rather than through one single-priced deal.
The Form S-3 is the registration framework for future sales and does not itself sell shares; the filing leaves the eventual price, number of shares, sale dates, and proceeds unresolved.
Those items would be established by any subsequent sales under the agreement, which the company may use or leave unused.
8-K Event Classification
Key Figures
Key Terms
At-The-Market Issuance Sales Agreement financial
at-the-market offering regulatory
shelf registration statement regulatory
prospectus supplement financial
indemnify regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What agreement did Sunshine Biopharma (SBFM) enter on July 20, 2026?
How much stock can Sunshine Biopharma (SBFM) sell under the new ATM program?
What commission will Aegis Capital earn in Sunshine Biopharma’s (SBFM) ATM?
AI-generated analysis. How Rhea-AI works. Not financial advice.