NextCure Launches At-The-Market Stock Offering Program

Tip Ranks
2025.12.19 22:55
portai
I'm PortAI, I can summarize articles.

NextCure, Inc. announced an at-the-market stock offering program with H.C. Wainwright & Co., LLC, allowing sales of up to $14.5 million of common stock. The proceeds will be used for general corporate purposes, including funding preclinical studies and clinical trials. The agent will earn a 3% commission on gross proceeds. Despite a positive corporate event, NextCure faces financial challenges, with a bearish stock trend and unfavorable valuation metrics.