Monitor for near-term stock sales under this ATM program, which could pressure shares given recent insider selling and the company's history of equity raises. The continued use of ATM offerings suggests ongoing capital needs, potentially dilutive to existing shareholders.
Price Chart
Executive Summary
Lightwave Logic, Inc. has amended its sales agreement with Roth Capital Partners to increase the aggregate offering amount to $51.4 million, with up to $49.3 million still available for sale under the at-the-market (ATM) program. This filing supplements prior prospectuses and allows for continued common stock offerings.
Key Facts
- Amendment to sales agreement increases maximum offering amount to $51,404,500
- Up to $49,326,334 of common stock remains available for sale
- Company has already sold 8,079,319 shares for approximately $35 million in gross proceeds
- Filing is part of an ongoing ATM equity offering program
- Recent insider activity shows 6 sell transactions totaling $933K in the last 30 days
Financial Impact
Potential dilution of up to $49.3 million in common stock
Risk Factors
- Equity dilution from potential future share sales
- Downward pressure on stock price due to oversupply from ATM program
- Insider selling may signal lack of confidence
Market Snapshot
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 424B5 Filing (Primary) | 0001079973-26-000512 |
| Document: 0001079973-26-000512-index-headers.html | 0001079973-26-000512 |
| Document: 0001079973-26-000512-index.html | 0001079973-26-000512 |
| Document: 0001079973-26-000512.txt | 0001079973-26-000512 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 1, 2026 25d ago | 3 | $5.44 | awaiting T+60 | — | $4.11 (−24.45%) |
Jul 20, 2026 14w ago | 8-K | $5.95 $4.31 | ▼ −27.65% | ▼ −32.49% | $4.11 (−30.92%) |
Jun 11, 2026 19w ago | S-3ASR | $9.59 $5.60 | ▼ −41.61% | ▼ −44.87% | $4.11 (−57.14%) |
May 8, 2026 24w ago | S-3ASR | $16.86 $7.27 | ▼ −56.88% | ▼ −61.27% | $4.11 (−75.62%) |
Apr 21, 2026 27w ago | 8-K | $12.91 $6.29 | ▲ +51.28% | ▲ +58.18% | $4.11 (+68.16%) |
Apr 21, 2026 27w ago | 424B5 | $12.91 $6.29 | ▲ +51.28% | ▲ +58.18% | $4.11 (+68.16%) |
Apr 6, 2026 29w ago | 144 | $7.87 $8.12 | ▲ +3.18% | ▼ −10.29% | $4.11 (−47.78%) |
Apr 1, 2026 29w ago | Insider Cluster | $6.84 $9.18 | ▼ −34.21% | ▼ −20.83% | $4.11 (+39.91%) |
Mar 30, 2026 30w ago | Insider Cluster | $6.59 $8.16 | ▼ −23.82% | ▼ −7.33% | $4.11 (+37.63%) |
US Market Status
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