NeOnc Technologies establishes $75 million at-the-market equity program

NeOnc Technologies Holdings (NASDAQ: NTHI) entered into an equity distribution agreement on April 10, 2026, establishing an at-the-market offering program that allows the company to sell up to $75 million of its common stock.

The agreement involves BTIG, LLC and A.G.P./Alliance Global Partners as placement agents. Under the program, shares may be sold through various methods permitted by law, including direct sales on the Nasdaq Global Market or other existing U.S. trading markets for the company's common stock.

The placement agents will receive a 3.0% commission rate for their services, paid in cash by NeOnc Technologies. The company will also reimburse the agents for certain specified expenses related to the agreement.

NeOnc Technologies retains control over the offering, including the ability to set minimum sale prices and suspend sales when necessary. The company has no obligation to sell any shares under the program and may suspend offers at any time.

The at-the-market offering will terminate when all shares subject to the agreement are sold or when the agreement is terminated. NeOnc Technologies may terminate the agreement with two days' notice, while each placement agent may terminate with one day's notice.

The agreement includes standard representations, warranties, indemnification obligations, and termination provisions typical of such arrangements.

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