KULR Technology extends ATM offering pause through September 2026

KULR Technology Group, Inc. (NYSE American: KULR) has extended the pause of its at-the-market equity offering program with Cantor Fitzgerald and Craig-Hallum through September 30, 2026, according to a company statement.

The Houston-based battery systems maker said it expects existing liquidity, combined with balance-sheet management, to support planned operations. Rather than issue equity under the ATM program, the company said it may sell Bitcoin holdings to fund operations.

KULR identified three funding priorities: scaling its KULR ONE Space battery architecture for human spaceflight applications, ramping production of KULR ONE Air products for military and commercial drone use, and advancing KULR ONE MAX battery backup solutions for AI data centers and telecommunications.

"We do not intend to issue equity at these levels when we have more disciplined ways to fund our growth," said KULR Founder and CEO Michael Mo. "Keeping the ATM paused protects our shareholders from dilution and keeps our focus where it belongs — building more batteries and getting them to customers."

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