Akoustis Technologies (AKTS) Prices 20M Share Offering at $0.50/sh
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Akoustis Announces Pricing of Public Offering of $10.0 Million of Common Stock
January 25, 2024 9:07 AM ESTBoard Co-Chair, CEO, CPO, and Other Company Management and Employees Investing $1 Million
Charlotte, N.C., Jan. 25, 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 has priced its underwritten public offering of 20,000,000 shares of its common stock at a public offering price of $0.50 per share.
Akoustis expects the gross proceeds from the offering to be approximately $10.0 million, before deducting the underwriting discount... More
