Ordinary Shares |
6 Months Ended |
|---|---|
Jun. 30, 2024 | |
| Ordinary Shares | |
| Ordinary Shares | 6. Ordinary Shares In December 2023, the Company entered into an “at-the-market” sales agreement with BofA Securities, Inc., or BofA, pursuant to which the Company may sell from time to time, ordinary shares having an aggregate offering price of up to $100.0 million through BofA, acting as the Company’s agent. During the six-month period ended June 30, 2024, the Company raised gross proceeds of $3.2 million through the sale of 591,824 ordinary shares pursuant to an “at-the-market” equity offering program. Under the “at-the-market” equity program which is currently effective and may remain available for the Company to use in the future, the Company may sell an additional $96.8 million of ordinary shares. Whether the Company chooses to affect future sales under the “at-the-market” equity offering program will depend on a number of factors, including, among others, market conditions and the trading price of the Company’s ordinary shares relative to other sources of capital. |