APTO - Aptose Biosciences falls 10% on $50M equity distribution agreement
- Aptose Biosciences ( NASDAQ: APTO ) said on Monday it had entered into an equity distribution agreement of up to $50M with JonesTrading Institutional Services as agent.
- Under the terms of the equity distribution agreement, the company can issue and sell through the agent, common shares through "at-the-market" distributions on the Nasdaq capital market.
- Aptose filed a prospectus supplement with the U.S. SEC, qualifying the offer and sale of common shares having an aggregate offering price of up to $50M
- ( APTO ) is down ~10% .
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Aptose Biosciences falls 10% on $50M equity distribution agreement