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Hong Kong-based Aurelion Inc. (NASDAQ: AURE) has entered into an at-the-market equity offering sales agreement that will allow the company to sell up to $500 million worth of Class A Ordinary Shares.
The ATM programme gives Aurelion the flexibility to offer and sell shares from time to time at prevailing market prices, though the company is under no obligation to sell any shares under the arrangement.
Aurelion will control the key parameters of any sales, including the number of shares to be issued, timing of sales, daily volume limits, minimum pricing thresholds and other relevant conditions.
Four firms are serving as sales agents for the programme: Cantor Fitzgerald & Co., Yorkville Securities, LLC, Canaccord Genuity LLC, and Cohen & Company Capital Markets, a division of Cohen & Company Securities, LLC. The agents will use commercially reasonable efforts consistent with their normal trading practices to sell shares through methods qualifying as "at the market offerings" under Rule 415 of the Securities Act of 1933.
The agreement will terminate when either all available shares have been sold or the agreement is terminated according to its terms.
The shares will be issued under Aurelion's Registration Statement on Form F-3 (File No. 333-290953), which was filed with the Securities and Exchange Commission on 20 October 2025 and declared effective on 23 December 2025. A prospectus supplement dated 8 January 2026 was filed with the SEC in connection with the offering.
The company noted that the press release does not constitute an offer to sell or solicitation of an offer to buy the shares, and that any such offer or sale would be unlawful in jurisdictions where registration or qualification requirements have not been met.
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