Intellinetics Inc. Announces At The Market Offering Agreement to Sell Up to $10 Million in Common Stock

Reuters05-29

Intellinetics Inc. Announces At The Market Offering Agreement to Sell Up to $10 Million in Common Stock

Intellinetics Inc. has entered into an At The Market Offering Agreement with Lucid Capital Markets, LLC, allowing the company to offer and sell shares of its common stock, valued at $0.001 per share, through the Agent. The company aims to raise up to $10 million through this arrangement by selling shares directly on or through the NYSE American, or via other methods. Intellinetics is not obligated to sell any shares, nor is the Agent required to purchase them. The Agent will receive a 3% commission on the gross sales price of shares sold. The agreement includes provisions for indemnification and expense reimbursement for the Agent. This move provides Intellinetics with the flexibility to raise capital as needed, while the Agent is tasked with executing sales using commercially reasonable efforts.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Intellinetics Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001641172-25-012697), on May 28, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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