Alto Ingredients - Enters At-The-Market Issuance Sales Agreement For Offering Of Common Stock Up To $50M
ALTO INGREDIENTS, INC. Up to $50,000,000 of Common StockWe have entered into an At-The-Market Issuance Sales Agreement, or the Sales Agreement, with Craig-Hallum Capital Group LLC, or Craig-Hallum, The Benchmark
Alto Ingredients set up a plan to sell up to $50 million worth of company ownership pieces whenever they want. This gives them cash for running their business, but it also means more ownership slices will exist, which can affect each piece's value.
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