SenesTech (NASDAQ: SNES) adds $7.58M to at-the-market offer
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
SenesTech, Inc. filed an 8-K to report that it has filed a prospectus supplement registering an additional $7,580,675 of shares of its common stock under its existing at-the-market offering agreement with H.C. Wainwright & Co., LLC dated June 20, 2024. These shares may be issued from time to time through the sales agent under that agreement. The company states that, prior to this filing, it has already sold an aggregate of $3,048,894.72 of common stock through the same at-the-market program. A legal opinion from Greenberg Traurig, LLP regarding the validity of the newly registered shares is included as Exhibit 5.1, with its consent included as Exhibit 23.1.
Positive
- None.
Negative
- None.
8-K Event Classification
2 items: 8.01, 9.01
2 items
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
FAQ
What did SenesTech (SNES) disclose in this Form 8-K?
SenesTech reported that it filed a prospectus supplement to register an additional $7,580,675 of shares of common stock under its at-the-market offering agreement with H.C. Wainwright & Co., LLC.
How much has SenesTech already sold under its at-the-market program?
SenesTech has previously sold an aggregate of $3,048,894.72 of its common stock through H.C. Wainwright & Co., LLC under the existing at-the-market offering agreement.
What agreement governs SenesTech’s at-the-market offering?
The at-the-market offering is conducted under an At The Market Offering Agreement between SenesTech and H.C. Wainwright & Co., LLC dated June 20, 2024.
What is being registered in the new prospectus supplement for SenesTech?
The prospectus supplement registers additional shares of common stock, par value $0.001 per share, that may be issued under the at-the-market offering agreement.
What exhibits are included with this SenesTech 8-K filing?
The filing includes Exhibit 5.1 (Legal Opinion of Greenberg Traurig, LLP), Exhibit 23.1 (its consent, contained in Exhibit 5.1), and Exhibit 104 (Cover Page Interactive Data File).