Precipio, Inc. announced on September 2, 2025, the termination of its At-The-Market (ATM) instrument with investment bank Alliance Global Partners (AGP). This decision reflects a strategic shift in the company's capital management approach.
Management stated that the company is in a much stronger financial position today than when the ATM facility was established. This improved position is attributed to the elimination of negative cash flow from operations and recent increases in cash reserves.
The termination of the ATM facility reinforces Precipio's commitment to responsible capital management and signals its confidence in achieving financial independence without the need for dilutive equity raises. This move is expected to be viewed positively by investors concerned about potential dilution.
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