Akoustis Technologies (AKTS) Announces Proposed Stock Offering

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Go back to Akoustis Technologies (AKTS) Announces Proposed Stock Offering

Akoustis Announces Proposed Public Offering of Common Stock

January 18, 2023 4:05 PM EST

Charlotte, N.C., Jan. 18, 2023 (GLOBE NEWSWIRE) --

Akoustis Technologies, Inc. (Nasdaq: AKTS) (Akoustis or the Company), an integrated device manufacturer of patented bulk acoustic wave (BAW) high-band radio frequency (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 underwriter 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... More