ATM Offering definition

ATM Offering means any continuous at-the-market offering by the Company or any of its Subsidiaries of Common Stock in accordance with Rule 415 under the Securities Act.

ATM Offering means an at-the-market offering of Securities or other similar offering of Securities.

ATM Offering means an “at the market offering” as defined in Rule 415(a)(4) under the Securities Act.

Examples of ATM Offering in a sentence

• In addition to the other information required hereunder, each Offering Notice and each notice of an ATM Offer shall include the Company’s calculation of the Purchaser’s Fully Diluted Pro Rata Ownership Percentage and the number of Securities Purchaser is entitled to Purchase hereunder with respect to the offering to which such Offering Notice or notice of ATM Offering relates.

• On December 1, 2020, we filed an amendment to the prospectus supplement with the SEC to increase the amount of common stock that may be offered and sold in the ATM Offering, as amended under the Sales Agreement to $40,000,000 in the aggregate, inclusive of the up to $8,975,000 in shares of common stock previously sold in the 2020 ATM Offering.

• Through December 31, 2020, we had received gross proceeds of $39,978,350 through the sale of 12,582,000 shares of our common stock from the 2020 ATM Offering.

• Pro forma net tangible book value per share as of September 30, 2020 after giving effect to the January 2021 ATM Offering represents the amount of our total tangible assets as adjusted to take into account the previous sale of 15,359,000 shares in the January 2021 ATM Offering under the Sales Agreement with net proceeds of $9.5 million.

• The offer and sale of shares of common stock from the 2020 ATM Offering was made pursuant to our effective “shelf” registration statement on Form S-3 and an accompanying base prospectus contained therein (Registration No. 333-222132) which became effective on January 11, 2018.

More Definitions of ATM Offering

ATM Offering means an at-the-market offering of Securities or other similar offering of Securities. Notwithstanding the foregoing, Magellan shall not be obligated to take any actions hereunder that, based upon the advice of counsel, would violate or otherwise conflict with any applicable law, regulation or any securities exchange requirement. Magellan shall use commercially reasonable efforts to address any legal obstacle to taking any actions contemplated hereunder as soon as reasonably practicable. In the event the approval of Magellan’s stockholders is required to effect or otherwise consummate the terms as contemplated hereunder, Magellan agrees to take all commercially reasonable actions within its control (including calling Board and stockholder meetings) to obtain any such stockholder approval.

ATM Offering has the meaning set forth in Section 2.4.

ATM Offering means an “at-the-market distribution” within the meaning of National Instrument 44-102 – Shelf Distributions;

ATM Offering means any “at-the-market” public offerings of shares of common stock of Parent.

ATM Offering means that certain Company Common Stock Purchase Agreement dated as of January 6, 2023, between the Company and YA II PN, Ltd., as may be amended, supplemented or modified from time to time, including the modifications contemplated on or about the date hereof to add the provision of up to $15,000,000 of Permitted Subordinated Debt evidenced by the issuance of convertible promissory notes (the “YA II Notes”), and any capital stock of the Company issued in connection with any conversion, exchange, or offset of amounts owed under the YA II Notes, and related Registration Statement to register such shares sold pursuant to the Company Common Stock Purchase Agreement with the Securities and Exchange Commission, or any substantially similar arrangement between the Company and YA II PN, Ltd. or any of its affiliates entered into on or after the Issuance Date modifying or replacing the ATM Offering.

ATM Offering means the “at-the-market” offering of the Company pursuant to the Sales Agreement for proceeds of up to US$70,000,000;

ATM Offering shall have the meaning set forth in the recitals hereto.