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Stock impact report

Akoustis Announces Proposed Public Offering of Common Stock

Akoustis Technologies, Inc. (AKTS) 
NASDAQ:AMEX Investor Relations: ir.akoustis.com
Company Research Source: GlobeNewswire
Charlotte, N.C., Jan. 24, 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 that it intends to offer and sell shares of its common stock in an underwritten public offering.  Akoustis expects to grant the underwriters a 30-day option to purchase additional shares of common stock sold in the offering solely to cover over-allotments.  The offering is subject to market and other conditions, and there can be no assurance as to whether or when such offering may be completed, or as to the actual size or terms of such offering. Certain of the Company’s directors, officers and other employees have indicated an intent to purchase shares of common stock in the offering. Roth Capital Partners is acting as sole manager for the offering. Akoustis intends to use the net proceeds from the pro Show less Read more
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