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James salmon

04/03/19 10:42 AM

#46511 RE: chickpea598 #46509

In relation to the ATM, ONCS has no intention of using it in the near term, probably as they expect share price to go higher, and currently don’t need the cash.

From recent filing

“On November 2, 2018, the Company entered into a Sales Agreement between the Company and Cantor Fitzgerald & Co. regarding an at-the-market offering of up to $30,000,000 worth of shares of the Company’s common stock. The Company has not yet utilized this at-the-market program and does not intend to utilize it in the near future.”