WidePoint sets up $15.5M at-the-market program
WidePoint Corporation entered into an At The Market Offering Agreement with H.C.
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Rhea-AI Filing Summary
WidePoint Corporation entered into an At The Market Offering Agreement with H.C. Wainwright & Co., LLC, allowing it to sell shares of common stock with an aggregate offering price of up to $15.5 million from time to time. Sales will be made as at-the-market transactions under Rule 415, with the Sales Agent using commercially reasonable efforts to place shares. WidePoint will pay the Sales Agent up to 3.0% of the gross proceeds from shares sold. The company is not obligated to sell any stock and expects to use any net proceeds for general corporate purposes, including expanding existing businesses, acquisitions and other investments.
Insights
WidePoint adds flexible ATM equity program up to $15.5M.
WidePoint Corporation put in place an at-the-market equity offering facility with H.C. Wainwright & Co. for up to $15.5 million of common stock. Shares may be sold gradually into the market using standard trading methods under Rule 415.
The Sales Agent earns up to 3.0% of gross proceeds, which is typical for ATM structures. WidePoint is not required to sell any shares, so actual dilution will depend on future usage. Any net proceeds are earmarked for general corporate purposes, including business expansion and acquisitions.
8-K Event Classification
Key Figures
Key Terms
At The Market Offering Agreement financial
Rule 415 regulatory
Forward Looking Statements regulatory
emerging growth company regulatory
general corporate purposes financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How will WidePoint (WYY) use proceeds from the $15.5 million ATM program?
What fees will WidePoint pay H.C. Wainwright under the ATM agreement?
Who is acting as WidePoint’s sales agent in the ATM Offering?
When does the WidePoint at-the-market offering agreement end?
AI-generated analysis. How Rhea-AI works. Not financial advice.
Filing Exhibits & Attachments
7 documentsOther Documents
- EX-1.1 AT THE MARKET OFFERING AGREEMENT, DATED APRIL 10, 2026 193.5 KB
- EX-5.1 OPINION 10.4 KB
- EX-101 XBRL TAXONOMY EXTENSION SCHEMA 4.9 KB
- EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE 14.3 KB
- EX-101 XBRL TAXONOMY EXTENSION CALCULATION LINKBASE 895 B
- EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE 9.1 KB
- EX-101 XBRL TAXONOMY EXTENSION DEFINITION LINKBASE 2.0 KB