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Oncolytics Biotech (NASDAQ: ONCY) sets up $75M ATM facility
Oncolytics Biotech Inc. has established an At-The-Market (ATM) offering facility, allowing it to sell up to $75 million of common stock through Jefferies LLC. The company plans to use the net proceeds to fund the clinical development of pelareorep, associated R&D, operating costs, and for general corporate purposes. This flexible fundraising mechanism leverages an existing S-3 shelf registration statement.