Nurix Therapeutics (NASDAQ: NRIX) updates $413.65M ATM stock capacity
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Nurix Therapeutics, Inc. updated its existing “at the market” stock offering program by entering into Amendment No. 3 to its equity distribution agreement with Piper Sandler. Under this amendment, the company may, from time to time, offer and sell through Piper Sandler up to $413.65 million of its common stock under its automatic shelf registration statement and related prospectus documents.
Positive
- None.
Negative
- None.
8-K Event Classification
2 items: 8.01, 9.01
2 items
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
FAQ
What did Nurix Therapeutics (NRIX) change in its equity distribution agreement?
Nurix Therapeutics entered into Amendment No. 3 to its equity distribution agreement with Piper Sandler. This amendment allows the company to continue offering and selling common stock through “at the market” offerings under its existing automatic shelf registration statement and related prospectus documents.
How much stock can Nurix Therapeutics (NRIX) sell under the amended ATM program?
Under Amendment No. 3, Nurix Therapeutics may offer and sell up to $413.65 million of its common stock through Piper Sandler. This amount includes shares previously sold under the equity distribution agreement following Amendment No. 2 and before Amendment No. 3.
What securities laws documents support Nurix Therapeutics’ updated ATM offering?
The shares are offered under Nurix Therapeutics’ automatic shelf registration statement on Form S-3, together with a related prospectus, a prospectus supplement dated October 31, 2024, and Amendment No. 1 to that prospectus supplement dated March 6, 2026, all filed with the SEC.
Who acts as sales agent for Nurix Therapeutics (NRIX) in the ATM program?
Piper Sandler & Co. serves as sales agent for Nurix Therapeutics under the equity distribution agreement. Through this arrangement, Piper Sandler may sell Nurix common stock in one or more “at the market” offerings as described in the company’s SEC-filed offering documents.
Which exhibits accompany Nurix Therapeutics’ amendment to its ATM program?
The filing includes a legal opinion from Fenwick & West LLP, the full text of Amendment No. 3 to the equity distribution agreement with Piper Sandler, a related consent from Fenwick & West, and the cover page interactive data file embedded within the Inline XBRL document.