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Re: hweb2 post# 115783

Thursday, 08/22/2024 11:16:17 AM

Thursday, August 22, 2024 11:16:17 AM

Post# of 118268
KINS. Just a reminder that there is an active ATM capital raise going on here....

"At-the-Market Offering
In May 2024, the Company entered into a Sales Agreement with Janney Montgomery Scott LLC (the “Sales Agent”) under which the Company currently has the ability to issue and sell shares of its Common Stock, from time to time, through the Sales Agent, pursuant to the Shelf Registration Statement, up to an aggregate offering price of approximately $16,400,000 in what is commonly referred to as an “at-the-market” (“ATM”) program. During the three months ended June 30, 2024, the Company sold 56,109 shares of its Common Stock at a weighted average price of $4.84 per share and raised $167,629 in net proceeds under the ATM program. As of June 30, 2024, the Company had remaining capacity to sell up to an additional $16,128,423 of Common Stock under the ATM program."

Q2 10Q
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