Lightbridge Corporation has announced a new Open Market Sale Agreement with Jefferies LLC, under which the company can issue and sell up to $75 million in shares of its common stock. The sales will be conducted as "at-the-market" equity offerings, as defined by the Securities Act of 1933. The agreement, effective June 5, 2025, allows Lightbridge to issue shares through Jefferies as its sales agent, based on specified parameters such as the number of shares and timing. Jefferies will earn a 3% commission on the gross proceeds of each sale. This agreement provides Lightbridge with flexibility in managing its capital needs while adhering to the terms set forth in the registration statement filed with the SEC.
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. Lightbridge Corporation 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: 0001477932-25-004434), on June 05, 2025, and is solely responsible for the information contained therein.