Board Perspectives

 

A strategic way to enhance cash reserves

At-the-market financing is an intelligent option for raising general working capital, funding specific projects, funding R&D, and paying off debt.

ATMs can provide the flexibility and protection a Board may seek

  • They won’t dilute existing shareholders through discounting and issuing warrants, unlike traditional types of capital raises.
  • ATM financing is an intelligent option for raising general working capital and paying off debtAt-the-market offerings may allow organizations to raise capital without triggering additional investment rights of previous investors.
  • ATMs can allow companies to raise capital without being subject to the stock exchanges’ shareholder-approval rules.
  • Newly issued shares are released into the trading market at prevailing market prices.

It was a very inexpensive way to raise money, especially because we sold directly into the market and did not have to discount the share price nor issue warrants.”

Chairman of the Board,
Life Sciences Firm

Life Sciences Chairman of the Board Success Story »