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

Reuters
Yesterday
<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.

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