Benzinga | Jan 13, 2021 07:08AM EST

Acorda Enters At The Market Offering Agreement With H.C. Wainwright Of Up To $15.25M

Acorda also entered into an At The Market (ATM) Offering Agreement with H.C. Wainwright & Co., LLC as sales agent. Pursuant to the ATM Agreement, the Company may offer and sell shares of its common stock having an aggregate value of up to $15.25 million in an at-the-market offering. The shares of common stock will be offered pursuant to the Company's effective Registration Statement on Form S-3 (File Number 333-248738), which was declared effective by the Securities and Exchange Commission (the "SEC") on September 17, 2020, and a prospectus supplement to be filed with the SEC.