WidePoint Corporation Enters Into At-The-Market Offering Agreement
WidePoint Corporation has entered into an At The Market Offering Agreement with H.C. Wainwright & Co., LLC, allowing the company to issue and sell shares of its common stock with an aggregate offering price of up to $15.5 million. The proceeds from this offering will be used for general corporate purposes, including business expansion, acquisitions, and investments. Sales will be conducted through the Sales Agent, who will use commercially reasonable efforts to facilitate these offerings. WidePoint Corporation will pay the Sales Agent a commission of up to 3.0% of the gross proceeds. The company is not obligated to sell any shares and cannot guarantee the price or amount of shares sold. The agreement will terminate upon the sale of all subject shares or as otherwise provided within the agreement. This filing also includes exhibits related to the agreement, legal opinions, and consents.