Aeluma Unveils Plans for Public Offering of Common Stock
Public Offering Announcement: Aeluma, Inc. has announced its intention to offer shares of common stock in an underwritten public offering, with a potential 30-day option for the underwriter to purchase an additional 15% of the shares.
Use of Proceeds: The company plans to use the net proceeds from the offering for business development, advancing manufacturing processes, and general working capital.
Registration and Compliance: The offering is being made under a shelf registration statement filed with the SEC, and a preliminary prospectus supplement will be available detailing the terms of the offering.
Company Overview: Aeluma specializes in high-performance semiconductor technologies and operates advanced R&D and manufacturing facilities, focusing on applications in various sectors including AI, defense, and automotive.
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