ATM total to date $9,141,29631 Jul 2020 19:04
ATM Issues during July 2020
During the calendar month of July, the Company issued a total of 2,043,000 ordinary shares under the Company's ATM sales agreement announced on 15 April 2020 to meet sales of a total of 408,600 ADSs under the ATM sales agreement, totaling gross proceeds of $4,371,289 in the month of July 2020.
ATM Issues during June 2020
During the calendar month of June, the Company issued a total of 2,343,445 ordinary shares under the Company's ATM sales agreement announced on 15 April 2020 to meet sales of a total of 468,689 ADSs under the ATM sales agreement, totaling gross proceeds of $2,785,003 in the month of June 2020.
ATM Issues during May 2020
During the calendar month of May, the Company issued a total of 1,743,445 ordinary shares under the Company's ATM sales agreement announced on 15 April 2020 to meet sales of a total of 348,689 ADSs under the ATM sales agreement, totaling gross proceeds of $1,985,004
July $4,371,289
June $2,785,003
May $1,985,004
Total $9,141,296
So, will they extend though??
Tiziana Life Sciences plc (AIM:TILS) is pleased to announce the agreement of an extension to the current At the Market Sales Agreement with ThinkEquity, a division of Fordham Financial Management, Inc.
As previously announced on 15 April 2020, Tiziana Life Sciences plc (the "Company"), entered into an ATM Sales Agreement (the "Offering Agreement") with ThinkEquity, a division of Fordham Financial Management, Inc., as sales agent ("ThinkEquity"), pursuant to which the Company may offer and sell, from time to time through ThinkEquity American Depositary ADSs, each representing five (5) ordinary shares of nominal value £0.03 (the "ADSs"), having an aggregate offering price of up to $20 million.
The offering of ADSs pursuant to the Offering Agreement continues to run and will now terminate upon the earlier of: (a) the sale of all of the ADSs subject to the Offering Agreement; (b) the termination of the Offering Agreement by ThinkEquity or the Company, as permitted in accordance with its terms; or (c) 31 July 2020, unless extended.