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Lantern Pharma Enters ATM Sales Agreement with ThinkEquity

Story Highlights
  • Lantern Pharma Inc. signed an ATM Sales Agreement to sell up to $15,530,000 of common stock.
  • The agreement allows strategic capital raising, enhancing financial flexibility and market positioning.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Lantern Pharma Enters ATM Sales Agreement with ThinkEquity

Elevate Your Investing Strategy:

Lantern Pharma ( (LTRN) ) just unveiled an update.

On July 3, 2025, Lantern Pharma Inc. entered into an ATM Sales Agreement with ThinkEquity LLC to offer and sell up to $15,530,000 of common stock. This agreement allows the company to strategically raise capital through at-the-market offerings, potentially enhancing its financial flexibility and market positioning.

The most recent analyst rating on (LTRN) stock is a Buy with a $25.00 price target. To see the full list of analyst forecasts on Lantern Pharma stock, see the LTRN Stock Forecast page.

Spark’s Take on LTRN Stock

According to Spark, TipRanks’ AI Analyst, LTRN is a Neutral.

Lantern Pharma is innovating with AI in oncology, achieving key clinical and regulatory milestones. However, the financial outlook is challenging due to zero revenue and cash flow concerns, necessitating additional funding. Technicals are stable but show potential volatility.

To see Spark’s full report on LTRN stock, click here.

More about Lantern Pharma

Lantern Pharma Inc. operates within the biotechnology industry, focusing on developing precision oncology therapies. The company leverages advanced genomics and machine learning to identify and develop targeted cancer treatments.

Average Trading Volume: 54,108

Technical Sentiment Signal: Strong Sell

Current Market Cap: $33.97M

See more data about LTRN stock on TipRanks’ Stock Analysis page.

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