SECURITIES AND EXCHANGE COMMISSION
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|Item 8.01||Other Events|
On March 31, 2021, Teligent, Inc. (the “Company”) completed its previously announced at-the-market equity offering program (the “ATM Program”). Under the ATM Program, the Company sold an aggregate of 38,712,036 shares (the “Shares”) of common stock, par value $0.01 per share (“Common Stock”), between January 28, 2021 and March 31, 2021. The Shares were sold at an average price of approximately $0.993 per Share resulting in aggregate gross proceeds of approximately $38.5 million and aggregate net proceeds of approximately $37 million after deducting commissions due on the sale of Shares. After settlement of the final Shares sold in the ATM Program, the Company will have 92,817,493 shares of Common Stock issued and outstanding.
The Shares were sold pursuant to a shelf registration statement on Form S-3 and the related prospectus (File No. 333-224188) that became effective on May 18, 2018, supplemented by the prospectus supplement dated January 28, 2021, as further supplemented by supplement no. 1 to the prospectus supplement dated February 16, 2021.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|Date: April 1, 2021||By:|
|Name:||Philip K. Yachmetz|
|Title:||Chief Legal Officer and Corporate Secretary|