Has my stock been accused of fraud?Join over 160k users who know.

Ticker Price Change($) Change(%) Shares Volume Prev Close Open Gain($) Gain(%)
Ticker Status Jurisdiction Filing Date CP Start CP End CP Loss Deadline
Ticker Case Name Status CP Start CP End Deadline Settlement Amt
Ticker Name Date Analyst Firm Up/Down Target ($) Rating Change Rating Current

News

Reported Earlier: Aeluma Announces $22.1M Public Offering of Common Stock

Author: Benzinga Newsdesk | September 18, 2025 09:54am

GOLETA, Calif., Sept. 18, 2025 (GLOBE NEWSWIRE) -- Aeluma, Inc. (NASDAQ:ALMU) ("Aeluma" or "the Company"), a transformative semiconductor company specializing in high performance and scalable technologies, today announced that it has priced an underwritten public offering of 1,700,000 shares of its common stock at a public offering price of $13.00 per share. Aeluma expects the gross proceeds from this offering to be approximately $22.1 million, before deducting the underwriting discount and other offering expenses. In connection with the offering, Aeluma has granted the underwriters a 30-day option to purchase up to 255,000 additional shares of its common stock at the public offering price, less the underwriting discount. Aeluma expects to close the offering, subject to the satisfaction of customary conditions, on or about September 19, 2025.

Craig-Hallum is acting as the sole book-running manager for the offering. The Benchmark Company, LLC is acting as co-manager for the offering.

Aeluma expects to use the net proceeds of the offering, for expanding business development efforts, advancing manufacturing processes to support commercialization traction, and working capital and general business purposes.

The offering is being made pursuant to a shelf registration statement on Form S-3 (File No. 333-289135), as amended, includng a base prospectus, relating to the shares of common stock to be issued in the proposed offering, that was initially filed with the Securities and Exchange Commission (the "SEC") on July 31, 2025 and was declared effective on August 8, 2025. This press release does not constitute an offer to sell, or the solicitation of an offer to buy, these securities, nor will there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale is not permitted.

The securities may be offered only by means of a prospectus, including a prospectus supplement, forming a part of the effective registration statement. Aeluma has filed a preliminary prospectus supplement and accompanying prospectus relating to and describing the terms of the offering with the SEC on September 17, 2025. A final prospectus supplement related to the offering will be filed with the SEC and will be available on the SEC's website at www.sec.gov. Copies of the final prospectus supplement and the accompanying base prospectus relating to the securities being offered may be obtained, when available, from Craig-Hallum Capital Group LLC, Attention: Equity Capital Markets, 323 North Washington Ave., Minneapolis, MN 55401, by telephone at (612) 334-6300 or by email at prospectus@chlm.com.

Posted In: ALMU

CLASS ACTION DEADLINES - JOIN NOW!

NEW CASE INVESTIGATION

CORE Finalist