share_log

Allarity Therapeutics | 424B5: Prospectus

SEC announcement ·  Apr 9 21:19
Summary by Futu AI
Allarity Therapeutics Inc. has filed a prospectus supplement on April 9, 2024, to increase the maximum aggregate offering price of its common stock from $947,000 to $1,350,000. This amendment is in accordance with the At-The-Market Issuance Sales Agreement with Ascendiant Capital Markets, LLC. The company's public float was valued at approximately $4,052,088, with a closing stock price of $0.43 on February 9, 2024. Allarity Therapeutics has already sold $654,871 worth of common stock in the past 12 months and can sell up to an additional $695,825 under the current SEC guidelines. The company is restricted to selling no more than one-third of the aggregate market value of its common stock held by non-affiliates in any 12-month period, as long as the public float remains below $75 million.
Allarity Therapeutics Inc. has filed a prospectus supplement on April 9, 2024, to increase the maximum aggregate offering price of its common stock from $947,000 to $1,350,000. This amendment is in accordance with the At-The-Market Issuance Sales Agreement with Ascendiant Capital Markets, LLC. The company's public float was valued at approximately $4,052,088, with a closing stock price of $0.43 on February 9, 2024. Allarity Therapeutics has already sold $654,871 worth of common stock in the past 12 months and can sell up to an additional $695,825 under the current SEC guidelines. The company is restricted to selling no more than one-third of the aggregate market value of its common stock held by non-affiliates in any 12-month period, as long as the public float remains below $75 million.

The information provided by Futu AI is automatically generated by third-party artificial intelligence (AI) software based on news content. It is only available to users located outside of China mainland.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.