Aug. 25 at 8:37 PM
$BNC plus from filing today
"
$50,000,000 of the registrant’s common stock that may be issued and sold from time to time under the Controlled Equity OfferingSM Sales Agreement..."
These agreements define the terms, conditions, and responsibilities for issuing and selling the shares, with the goal of a "controlled" or "dribble out" distribution of shares to avoid significantly pressuring the stock price