Anavex Life Sciences Corp (AVXL)

[georgejjl]

Up to $150,000,000 worth of AVXL Common Stock will only be 1 million shares of AVXL when the price per share is $150.

On May 1, 2020, we entered into an amended and restated sales agreement, or the Sales Agreement, with SVB Leerink LLC, or SVB Leerink and Cantor Fitzgerald & Co., or Cantor Fitzgerald, and together with SVB Leerink, the Sales Agents, relating to shares of our common stock, par value $0.001 per share, offered by this prospectus. In accordance with the terms of the Sales Agreement, we may offer and sell shares of our common stock from time to time through the Sales Agents. Pursuant to this prospectus, we may offer and sell shares of our common stock having an aggregate offering price of up to $150,000,000. We previously sold 7,395,005 shares of common stock under the Sales Agreement for $86,607,450 in gross proceeds, which were registered under the registration statement on Form S-3 (Registration No. 333-232550).

https://www.sec.gov/Archives/edgar/data/1314052/000173112221001562/e3112_s3asr.htm

Good luck and GOD bless,