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Digimarc Corp Ends Equity Sales Agreement With Wells Fargo

Digimarc Corp Ends Equity Sales Agreement With Wells Fargo

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Digimarc Corp. (DMRC) just unveiled an update.

Digimarc Corporation has announced its decision to terminate their Equity Distribution Agreement, effective March 1, 2024, which they had previously established with Wells Fargo Securities, LLC on May 16, 2019. The agreement allowed for the sale of Digimarc’s common stock up to $30 million, indicating a shift in the company’s approach to managing its equity.

For detailed information about DMRC stock, go to TipRanks’ Stock Analysis page.

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