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Re: ConstitutionNow post# 11588

Thursday, 03/14/2019 10:58:06 AM

Thursday, March 14, 2019 10:58:06 AM

Post# of 12137
It was $35M. And no, it hasn't expired. They still have $31.6M available. From yesterday's 10-K:

On August 24, 2018, we entered into a sales agreement (the “Sales Agreement”) with Jefferies LLC (“Jefferies”) under which we can sell up to an aggregate offering price of up to $35 million of the Company’s common stock (the “Shares”), from time to time through an “at the market” equity offering program (“ATM Prospectus”). . . . .

. . . During the year ended December 31, 2018, the Company received net proceeds of $3.4 million through the sale of 248,839 shares of its common stock, after deducting sales commissions and other offering expenses of $44,200, that were offset against the proceeds from this offering.

BTW - that would be an average selling price of about $13.66
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