WidePoint Corporation Announces At-The-Market (ATM) Offering Agreement with H.C. Wainwright & Co., LLC

Key Points for Investors:

• WidePoint Corporation has entered into an At-The-Market (ATM) Offering Agreement with H.C. Wainwright & Co., LLC on April 10, 2026.
• The ATM agreement allows WidePoint to issue and sell shares of its common stock, \$0.001 par value, from time to time, through or to H.C. Wainwright as sales agent and/or principal.
• The number of shares sold will not exceed the amount registered with the SEC, the amount authorized by the Board, or available under the company’s effective shelf registration statement on Form S-3 (File No. 333-289721).
• Sales may be made via various methods, including directly on the NYSE American, through market makers, or in privately negotiated transactions, subject to approval by WidePoint.
• WidePoint is required to comply with all SEC and NYSE American rules, and the shares offered will be freely tradable upon issuance.
• The company has also filed the legal opinion from Foley & Lardner LLP regarding the validity of the shares to be sold under the agreement.
• Any sales of shares are subject to certain conditions, including compliance with Regulation M and limitations when the company is in possession of material non-public information.

Details and Potential Shareholder Impact:

• Potential Dilution: The ability to issue shares at the market may result in dilution for existing shareholders, depending on the number and price of shares sold.
• Use of Proceeds: Net proceeds from the sale of shares will be used as set forth in the company’s prospectus (details not specified in this excerpt, but typically for general corporate purposes, working capital, or debt repayment).
• Price Sensitivity: ATM offerings can impact the share price, especially if large volumes are sold or the market perceives potential dilution or capital needs.
• Notable Restrictions: No shares will be sold when the company possesses material non-public information, and sales are subject to board-authorized minimum prices. The company cannot exceed the registered or authorized share amounts.
• Transparency and Reporting: WidePoint will disclose the number of shares sold, net proceeds, and compensation paid to H.C. Wainwright in its periodic filings (Form 10-K, 10-Q, or 8-K as required).
• Compliance: The company confirms ongoing compliance with all SEC filing requirements, Sarbanes-Oxley Act, and maintains effective internal controls over financial reporting.
• Forward-Looking Statements Caution: The filing contains forward-looking statements subject to risks and uncertainties, which may cause actual results to differ from those projected.

Exhibits Filed with the 8-K:

• Exhibit 1.1: At The Market Offering Agreement between WidePoint and H.C. Wainwright (full text available in the filing).
• Exhibit 5.1: Legal Opinion of Foley & Lardner LLP regarding the shares.
• Exhibit 23.1: Consent of Counsel.

Management Signature:

The report is signed by Jin Kang, Chief Executive Officer of WidePoint Corporation, dated April 10, 2026.

What Investors Should Watch:

• Share Issuances: Monitor SEC filings for actual share sales under the ATM program, which may affect ownership percentages and market price.
• Market Reaction: The announcement of an ATM facility can sometimes create downward pressure on share price due to anticipated dilution or perceived capital needs.
• Company Updates: Watch for updates in periodic reports regarding the use of proceeds and the company’s operational or financial changes resulting from the capital raised.

Disclaimer: This article is for informational purposes only and does not constitute investment advice or a recommendation to buy or sell securities. Investors should conduct their own due diligence and consult with their financial advisors before making investment decisions. The information herein is based on filings made by WidePoint Corporation with the SEC as of April 10, 2026, and may be subject to change.

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