WidePoint enters $15.5 million at-the-market offering agreement

WidePoint Corporation (NYSE: WYY) entered into an at-the-market offering agreement with H.C. Wainwright & Co. on April 10, 2026, allowing the company to sell up to $15.5 million worth of common stock shares through the sales agent.

Under the agreement, WidePoint may issue and sell shares from time to time in what qualifies as an "at the market offering" under Rule 415 of the Securities Act of 1933. The company plans to use net proceeds for general corporate purposes, including potentially expanding existing businesses, acquiring businesses and investing in other business opportunities.

H.C. Wainwright will receive up to 3.0% of gross proceeds from the sales price per share sold under the agreement. The sales agent will use commercially reasonable efforts to conduct offerings consistent with normal trading and sales practices. WidePoint may also sell shares directly to H.C. Wainwright as principal for its own account at agreed-upon prices.

The company stated it has no obligation to sell shares under the agreement and provided no assurance regarding whether it will sell any shares, or the price, amount or timing of potential sales. The agreement will terminate when all shares subject to the offering are sold or when terminated according to the agreement's provisions.

The information was disclosed in a filing made by WidePoint on Friday.

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