Item 1.01 Entry into a Material Definitive Agreement.
On
The Shares and the Option Shares were offered by the Company pursuant to a shelf
registration statement on Form S-3 (333-236200) (the "Registration Statement"),
which was filed with the
The net proceeds to the Company from the offering are expected to be
approximately
The Underwriting Agreement contains customary representations, warranties and agreements by the Company, customary conditions to closing, indemnification obligations of the Company and the Underwriters, including for liabilities under the Securities Act of 1933, as amended, other obligations of the parties and termination provisions. The representations, warranties and covenants contained in the Underwriting Agreement were made only for purposes of such agreement and as of specific dates, were solely for the benefit of the parties to such agreement, and may be subject to limitations agreed upon by the contracting parties.
The foregoing summary of the Underwriting Agreement does not purport to be complete and is subject to, and qualified in its entirety by, the Underwriting Agreement attached as Exhibit 1.1 to this Current Report on Form 8-K (this "Current Report"), which is incorporated herein by reference. The Underwriting Agreement is attached hereto as an exhibit to provide interested persons with information regarding its terms but is not intended to provide any other factual information about the Company. The representations, warranties and covenants contained in the Underwriting Agreement were made only for purposes of the Underwriting Agreement as of specific dates indicated therein, were solely for the benefit of the parties to the Underwriting Agreement, and may be subject to limitations agreed upon by the parties, including being qualified by confidential disclosures exchanged between the parties in connection with the execution of the Underwriting Agreement.
A copy of the legal opinion and consent of
Item 1.02 Termination of a Material Definitive Agreement
Due to limitations under the Commission's "baby shelf" rules on the amount of
securities that the Company is able to sell under the Registration Statement,
effective
Item 8.01 Other Events.
The Company issued a press release on
On
--------------------------------------------------------------------------------
Item 9.01 Financial Statements and Exhibits
(d) Exhibits. Exhibit No. Description 1.1 Form of Underwriting Agreement by and between the Registrant andLadenburg Thalmann & Co. Inc. , as representative of the several underwriters named in Schedule I thereto. 5.1 Legal Opinion ofBallard Spahr, LLP 23.1 Consent ofBallard Spahr, LLP (included in Exhibit 5.1) 99.1 Company Press Release datedJuly 1, 2020 .
104 Cover Page Interactive Data File (formatted in inline XBRL)
3
--------------------------------------------------------------------------------
© Edgar Online, source