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Elicio Therapeutics Launches $100 Million ATM Program With B. Riley, JonesTrading and Ladenburg
- Elicio Therapeutics launches a new ATM program for up to $100 million with three agents.
- The multi-agent ATM replaces the prior JonesTrading-only facility dated June 3, 2024.
- The new ATM is intended to boost liquidity and financial flexibility for Elicio.
- The new agreement is effective March 16, 2026.
- Agents receive a 3.0% commission on sales under the new ATM.
- The ATM will operate on Nasdaq with discretionary share sales.
- The prior JonesTrading-only facility was terminated without penalties after waiver of notice.
- The arrangement includes B. Riley Securities, JonesTrading Institutional Services and Ladenburg Thalmann & Co. as counterparties.
- The press notes the summary is AI-powered and may contain inaccuracies.
- Elicio Therapeutics aims to improve liquidity and financial flexibility with expanded ATM.
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