Avalo Therapeutics Inc. Enters $75 Million Sales Agreement with TD Cowen for Common Stock Offering

Reuters
06-06
<a href="https://laohu8.com/S/AVTX">Avalo Therapeutics Inc</a>. Enters $75 Million Sales Agreement with TD Cowen for Common Stock Offering

Avalo Therapeutics, Inc. has entered into a Sales Agreement with TD Securities $(USA)$ LLC, allowing the company to offer and sell shares of its common stock valued up to $75 million. The issuance and sale of these shares will be conducted under a previously filed Registration Statement with the Securities and Exchange Commission, which became effective on May 2, 2023. The offering will continue until all shares are sold or the agreement is terminated. This new agreement follows a previous arrangement with Oppenheimer & Co. Inc., which allowed for the sale of shares worth up to $50 million.

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. Avalo Therapeutics 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: 0001628280-25-029639), on June 05, 2025, and is solely responsible for the information contained therein.

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