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biotech_researcher

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biotech_researcher

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Thursday, 04/21/2022 9:53:53 AM

Thursday, April 21, 2022 9:53:53 AM

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Issue 20.6 million new shares? Is that correct? 40 million existing before offering

Endra Life Sciences (NASDAQ:NDRA) raised $8.7M year-to-date from the sale of common stock through its at the market, or ATM, equity facility.
Pursuant to its ATM equity offering sales agreement with Ascendiant Capital Markets, the company sold ~20.6M shares at an average price of $0.42/share.
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