Veru Inc. Sets Up Up to $21.8 Million At-the-Market Stock Sale Program
Veru entered into a Sales Agreement with Oppenheimer & Co. and Canaccord Genuity, under which it may sell up to $21.8 million of common stock from time to time through the agents. The Company is not obligated to sell any shares, and the agents will pay a 3.0% commission on gross proceeds from each sale, so the program could dilute existing shareholders if used.
Key points
- Sales Agreement dated July 2, 2026, with Oppenheimer & Co. Inc. and Canaccord Genuity LLC as sales agents
- Up to $21,800,000 of common stock registered under Form S-3 (File No. 333-294911), effective April 15, 2026
- Company pays a commission of 3.0% of aggregate gross proceeds from each sale
The filing
Written by AI on Nov 9, 2026, 8:28 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 02, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.