Summary by Futu AI
Uranium Energy Corp. entered into an At The Market Offering Agreement on December 20, 2024, with Goldman Sachs & Co. LLC as lead manager and several co-managers. The agreement allows the company to sell up to $300 million worth of common stock through an at-the-market offering. The designated manager will receive a 2.25% commission on gross sales.The shares will be issued under the company's existing S-3 registration statement, which became effective on November 16, 2022. Uranium Energy can terminate the agreement with five days' notice, while the lead manager can terminate it at any time. The company is not obligated to make any sales under this agreement.Prior to this new agreement, Uranium Energy terminated its previous At the Market Offering Agreement dated November 16, 2022, on December 17, 2024. The company cautions that forward-looking statements are subject to risks and uncertainties, and actual results may differ from those anticipated.