Humacyte Enters Sales Agreement with TD Securities

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2025.12.16 22:58
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Humacyte, Inc. announced a Sales Agreement with TD Securities to sell up to $60 million in common stock. Proceeds will support Symvess® commercialization, product pipeline development, and corporate purposes. TD Cowen will sell shares through various methods, including at-the-market offerings. The agreement includes commission payments and termination provisions. Analysts rate HUMA stock as a Buy with a $3.00 target, but Spark's AI Analyst views it as Neutral due to financial challenges and bearish technical analysis.