OKYO Pharma Transitions ATM Facility to Leerink Partners
Analysis based on 9 articles · First reported Feb 11, 2026 · Last updated Feb 11, 2026
The market impact is generally positive for OKYO Pharma as it secures a new partner for capital raising, enhancing its financial flexibility. Leerink Partners benefits from a new mandate, while B. Riley Financial===B. Riley Securities experiences a minor negative impact from losing the facility.
OKYO Pharma Limited, a clinical-stage biopharmaceutical company, announced the transition of its At-The-Market (ATM) equity offering facility to Leerink Partners LLC. Leerink Partners will now serve as the exclusive sales agent, replacing B. Riley Financial===B. Riley Securities Inc. This strategic move aims to provide OKYO Pharma with efficient access to capital markets, allowing the sale of common shares at prevailing market prices to support ongoing clinical development, including its lead candidate urcosimod for neuropathic corneal pain, and other corporate objectives. Kiran Shah, CFO of OKYO Pharma, highlighted Leerink Partners' expertise in the biotech sector as a key factor in this partnership. Leerink Partners will receive a 3.0% commission on gross proceeds from any shares sold under the program, which will be conducted in compliance with United States===United States Securities and Exchange Commission filings.
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