Akoustis Announces $10 Million Registered Direct Offering Priced At-The-Market Under Nasdaq Rules
The offering is expected to close on or about May 24, 2024 subject to the satisfaction of customary closing conditions.
- The offering is expected to close on or about May 24, 2024 subject to the satisfaction of customary closing conditions.
- Roth Capital Partners is acting as the exclusive placement agent for the offering.
- Akoustis expects the gross proceeds from the offering to be approximately $10,000,000 million, before deducting the placement agent’s fees and other estimated offering expenses payable by Akoustis.
- Akoustis intends to use the net proceeds from the proposed offering for working capital and to fund operations.