share_log

Allarity Therapeutics | 424B5: Prospectus

SEC ·  May 2 20:18
Summary by Futu AI
Allarity Therapeutics Inc. has filed a prospectus supplement on May 2, 2024, to increase the maximum aggregate offering price of its common stock from $4,500,000 to $7,250,000. This amendment is in accordance with the At-The-Market Issuance Sales Agreement with Ascendiant Capital Markets, LLC. The company has already sold $4,265,000 of its common stock within the last 12 months and is now eligible to sell an additional $2,991,735. The prospectus supplement is part of a registration statement filed on November 29, 2023, and is qualified by the prior prospectus dated March 19, 2024. The company's public float was valued at approximately $21,770,204, with a share price of $8.44 as of March 6, 2024. Allarity Therapeutics cautions that investing in its common stock involves a high degree of risk, as detailed in the 'Risk Factors' section of the prospectus supplement.
Allarity Therapeutics Inc. has filed a prospectus supplement on May 2, 2024, to increase the maximum aggregate offering price of its common stock from $4,500,000 to $7,250,000. This amendment is in accordance with the At-The-Market Issuance Sales Agreement with Ascendiant Capital Markets, LLC. The company has already sold $4,265,000 of its common stock within the last 12 months and is now eligible to sell an additional $2,991,735. The prospectus supplement is part of a registration statement filed on November 29, 2023, and is qualified by the prior prospectus dated March 19, 2024. The company's public float was valued at approximately $21,770,204, with a share price of $8.44 as of March 6, 2024. Allarity Therapeutics cautions that investing in its common stock involves a high degree of risk, as detailed in the 'Risk Factors' section of the prospectus supplement.

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.