Akoustis Announces Closing of Public Offering of Common Stock and Full Exercise of Underwriter’s Option to Purchase Additional Shares
Akoustis Technologies, Inc. (AKTS)
NASDAQ:AMEX Investor Relations:
ir.akoustis.com
Company Research
Source: GlobeNewswire
Charlotte, N.C., Jan. 29, 2024 (GLOBE NEWSWIRE) -- Akoustis Technologies, Inc. (NASDAQ: AKTS) (“Akoustis” or the “Company”), an integrated device manufacturer (IDM) of patented bulk acoustic wave (BAW) high-band RF filters for mobile and other wireless applications, announced today the closing of its previously announced underwritten public offering of 20,000,000 shares of its common stock at a price to the public of $0.50 per share, including the exercise in full by the underwriter of its option to purchase 3,000,000 additional shares of Akoustis’ common stock, for a total offering of 23,000,000 shares of the Company’s common stock.. Net proceeds to Akoustis, after deducting the underwriting discount and estimated offering expenses payable by Akoustis, were approximately $10.4 million. Roth Capital Partners acted as sole manager for the offering. Akoustis intends to use the net proceeds from the offering to fund operations and the growth of its business, including for capital exp
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News
- Akoustis Receives Two Design Wins with Tier-1 Network Infrastructure CustomerGlobeNewswire
- Akoustis Secures Design Win and Volume Orders for Wi-Fi 7 Solution with Tier-1 Enterprise Class OEMGlobeNewswire
- Akoustis Introduces Two New 2.4 GHz BAW RF Filters for Wi-Fi Automotive and Access Point ApplicationsGlobeNewswire
- Akoustis to Attend the 36th Annual Roth Conference on March 17-19, 2024GlobeNewswire
- RF Acoustic Wave Filters Patent Landscape 2024: Global Patenting Trends and Coverage of 11,300, Patent Families [Yahoo! Finance]Yahoo! Finance
AKTS
Earnings
- 2/13/24 - Miss
AKTS
Sec Filings
- 2/13/24 - Form SC
- 2/13/24 - Form 10-Q
- 2/13/24 - Form 8-K
- AKTS's page on the SEC website