NeOnc Technologies Establishes $75 Million At-The-Market Equity Program
On April 10, 2026, NeOnc Technologies Holdings, Inc. (Nasdaq: NTHI) entered into an Equity Distribution Agreement with BTIG, LLC and A.G.P./Alliance Global Partners to establish an 'at the market' (ATM) equity program. Under this agreement, the company may sell up to $75 million of its common stock from time to time at prevailing market prices. The sales will be conducted through the placement agents, who will receive a commission of 3.0% of the gross proceeds. The shares will be issued under NeOncβs existing shelf registration statement on Form S-3, which became effective on April 9, 2026. NeOnc is under no obligation to sell any shares and maintains the right to suspend or terminate the offering at its discretion. The company intends to use the proceeds for general corporate purposes. This filing also includes customary representations, warranties, and legal opinions regarding the validity of the shares being offered.