NEW YORK – Quantum-Si said Thursday in a filing with the US Securities and Exchange Commission that it has entered into an agreement with Canaccord Genuity to sell up to $75 million in shares of the company's Class A common stock.
According to the company, the sales may be done "from time to time" through an "at the market" (ATM) offering program.
Under the agreement, Quantum-Si will pay Canaccord a commission of up to 3 percent of the gross sales price per share. The agreement may be terminated at any time by either party.
Quantum-Si also announced it has terminated a similar agreement with Evercore Group dated Aug. 11, 2023, that established an ATM offering of up to $75 million of common stock with Evercore as the sales agent.