Surrozen Inc. has announced a new Sales Agreement with TD Securities $(USA)$ LLC, also known as TD Cowen, effective August 29, 2025. Under this agreement, Surrozen may offer and sell shares of its common stock, valued at up to $50 million, through TD Cowen, which will act as the company's sales agent and/or principal. The company is not obligated to sell these shares and can specify conditions such as price and size limits. This agreement will remain in effect until terminated by either party. The issuance and sale of shares will be conducted under a Registration Statement filed with the U.S. Securities and Exchange Commission. Cooley LLP has provided a legal opinion on the validity of these shares.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Surrozen Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000950170-25-112253), on August 29, 2025, and is solely responsible for the information contained therein.