MediciNova Signs Equity Distribution Agreement With Lucid Capital Markets
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MediciNova has signed an Equity Distribution Agreement with Lucid Capital Markets to sell up to $50 million in common stock through an at-the-market offering. The agent will earn a 3.0% commission on gross sales, while MediciNova can set minimum prices and suspend or terminate the arrangement at any time. The agreement aims to provide flexible access to capital for general corporate purposes, effective from December 29, 2025.
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