Aptevo Therapeutics Inc. Enters Standby Equity Purchase Agreement for Up to $25 Million in Common Stock Sales with Yorkville
On June 16, 2025, Aptevo Therapeutics Inc. entered into a Standby Equity Purchase Agreement with YA II PN, LTD. (Yorkville), allowing them the right to issue and sell up to $25 million of common stock over 36 months. The shares can be purchased by Yorkville at a price equal to 96% of the lowest daily VWAP during a three-day period, subject to certain conditions. The maximum number of shares that can be sold is capped at 151,755 unless certain conditions are met. No specific transaction details or number of shares sold are provided in the document.
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