Common Contracts

Controlled Placement Agreement (CPA) for ASX companies

Controlled Placement Agreement • February 15th, 2017

• Contract Type
  Controlled Placement Agreement
• Filed
  February 15th, 2017

An ATM or At-the-Market is a secondary stock offering available to US companies enabling them to sell newly issued shares into the secondary market (i.e. “dribble out” or “reverse buy-back”). The company controls the parameters (e.g. price, timing, volume etc) and is executed at prevailing market prices, subject to a price floor.