Mainz Biomed NV Enters Equity Distribution Agreement for Up to $10 Million in Ordinary Share Sales, Including $2.3 Million via Shelf Registration Statement
Reuters
Oct 04
Mainz Biomed NV Enters Equity Distribution Agreement for Up to $10 Million in Ordinary Share Sales, Including $2.3 Million via Shelf Registration Statement
**Mainz Biomed NV Enters $10 Million Equity Distribution Agreement** Mainz Biomed NV announced it has entered into an Equity Distribution Agreement with Maxim Group LLC, allowing the company to sell up to $10,000,000 of its ordinary shares (€0.40 nominal value each) through Maxim as sales agent. The agreement enables Mainz Biomed to sell shares from time to time, with up to $2,300,000 of shares to be sold under an effective shelf registration statement. Maxim Group LLC will receive a 3% commission on gross sales. The document does not specify the total number of shares or the exact price per share.
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