up to $75,000 for the placement agents’ legal fees and (ii) up to $15,000 of the aggregate gross proceeds of the offering for certain reasonable non-accountable fees and expenses.
This summary of the material provisions of the sales agreement does not purport to be a complete statement of its terms and conditions. A copy of the sales agreement has been filed with the SEC as an exhibit to the Current Report on Form 8-K filed on August 16, 2024, and is incorporated by reference in this prospectus supplement.
This prospectus in electronic format may be made available on a website maintained by A.G.P., and A.G.P. may distribute this prospectus electronically.
LEGAL MATTERS
The validity of the common stock being offered will be passed upon for us by Duane Morris LLP, Boca Raton, Florida. Sullivan & Worcester LLP, New York, New York is acting as counsel for A.G.P. in connection with this offering.
EXPERTS
The consolidated balance sheet of Soligenix, Inc. and subsidiaries as of December 31, 2023, and the related consolidated statements of operations, comprehensive loss, changes in mezzanine equity and shareholders’ equity (deficit), and cash flows for the year then ended, have been audited by Cherry Bekaert LLP (“Cherry Bekaert”), independent registered public accounting firm, as stated in their report dated March 15, 2024, except for Note 13 to the financial statements as of and for the year ended December 31, 2023, and its related effects to the financial statements, which is as of July 24, 2024, which is incorporated herein, which report includes an explanatory paragraph about the existence of substantial doubt concerning our ability to continue as a going concern. Such financial statements have been incorporated herein in reliance on the report of such firm given upon their authority as experts in accounting and auditing.
The consolidated balance sheet of Soligenix, Inc. and subsidiaries as of December 31, 2022, and the related consolidated statements of operations, comprehensive loss, changes in mezzanine equity and shareholders’ equity (deficit), and cash flows for the year then ended, before the effects of the adjustments to retrospectively apply the reverse stock split in Note 13 to the financial statements as of and for the year ended December 31, 2023, have been audited by EisnerAmper LLP (“EisnerAmper”), independent registered public accounting firm, as stated in their report which is incorporated herein by reference, which report includes an explanatory paragraph about the existence of substantial doubt concerning our ability to continue as a going concern. Such financial statements have been incorporated herein by reference in reliance on the report of such firm given upon their authority as experts in accounting and auditing. Soligenix, Inc. and subsidiaries have agreed to indemnify and hold EisnerAmper harmless against and from any and all legal costs and expenses incurred by EisnerAmper in successful defense of any legal action or proceeding that arises as a result of the incorporation by reference of its audit report on the Company’s past financial statements in this prospectus supplement.
WHERE YOU CAN FIND MORE INFORMATION
We are subject to the informational requirements of the Exchange Act and in accordance therewith, we file annual, quarterly and current reports, proxy statements and other information with the SEC. The SEC maintains an internet site that contains reports, proxy and information statements and other information regarding issuers that file electronically with the SEC, including us, at http://www.sec.gov.
We make available free of charge on or through our website our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and amendments to those reports filed or furnished pursuant to Section 13(a) or 15(d) of the Exchange Act as soon as reasonably practicable after we electronically file such material with or otherwise furnish it to the SEC.
We have filed with the SEC a registration statement under the Securities Act, relating to the offering of these securities. The registration statement, including the attached exhibits, contains additional relevant information about us and the securities. This prospectus supplement and the accompanying prospectus do not contain all of the information set forth in the registration statement. You can obtain a copy of the registration statement for free at www.sec.gov. The