T Stamp Inc: enters equity distribution agreement for up to $5,323,474

What happened

• T Stamp Inc reported that on Oct 9, 2026 it entered into an Equity Distribution Agreement with Maxim Group LLC under which the company may offer and sell, from time to time, shares of its common stock through Maxim as sales agent or principal.
• Sales, if any, will be made pursuant to the company’s effective registration statement on Form S-3 (Registration No. 333-295319) declared effective Apr 30, 2026 and a related prospectus supplement filed with the SEC on Oct 9, 2026 (the “ATM Prospectus”).

Key details

• The ATM Prospectus relates to the offering of up to $5,323,474 worth of shares of common stock.
• Maxim will receive a commission of 3.0% of the aggregate gross proceeds from each sale.
• The company agreed to reimburse Maxim for certain specified expenses of up to $40,000 in the aggregate and up to $3,000 quarterly for Maxim’s counsel fees and incidental expenses.
• Maxim may sell shares by any method permitted by law, including “at the market” offerings or privately negotiated transactions; the agreement may be terminated by mutual written notice with 15 days’ notice.
• The company is not obligated to sell any shares under the agreement and stated that no assurance can be given that it will sell any shares, or as to the price, amount, or timing of any sales.

Why it may matter

• Item 1.01 was reported: entry into a material definitive agreement (the Equity Distribution Agreement) to offer and potentially sell shares of common stock under the company’s effective Form S-3 registration statement.
  This filing does not show why the company acted.