Aeluma Announces Closing of Oversubscribed Public Offering with $13.8 Million Gross Proceeds and Uplisting to Nasdaq Under Ticker "ALMU"
Aeluma (ALMU) has successfully closed its oversubscribed public offering, raising $13.8 million in gross proceeds through the sale of 2,628,571 shares at $5.25 per share, including a fully exercised over-allotment option. The semiconductor company, which specializes in technologies for mobile, automotive, AI, defense & aerospace, communication, and quantum computing, has uplisted to the Nasdaq Capital Market under the ticker 'ALMU' as of March 27, 2028.
The net proceeds will be allocated towards expanding business development efforts, advancing manufacturing processes for commercialization, and working capital. Craig-Hallum served as the sole underwriter for the offering, which was conducted under the Company's registration statements on Form S-1.
Aeluma (ALMU) ha concluso con successo la sua offerta pubblica sovrascritta, raccogliendo 13,8 milioni di dollari in proventi lordi attraverso la vendita di 2.628.571 azioni a 5,25 dollari per azione, inclusa un'opzione di sovrallocazione completamente esercitata. L'azienda di semiconduttori, specializzata in tecnologie per mobile, automotive, intelligenza artificiale, difesa e aerospaziale, comunicazione e calcolo quantistico, è stata quotata al Nasdaq Capital Market con il ticker 'ALMU' a partire dal 27 marzo 2028.
I proventi netti saranno destinati ad ampliare gli sforzi di sviluppo commerciale, a migliorare i processi di produzione per la commercializzazione e a capitale circolante. Craig-Hallum ha agito come unico sottoscrittore per l'offerta, che è stata condotta sotto le dichiarazioni di registrazione della Società sul modulo S-1.
Aeluma (ALMU) ha cerrado con éxito su oferta pública sobredimensionada, recaudando 13,8 millones de dólares en ingresos brutos a través de la venta de 2.628.571 acciones a 5,25 dólares por acción, incluyendo una opción de sobreasignación completamente ejercida. La empresa de semiconductores, especializada en tecnologías para móviles, automotriz, inteligencia artificial, defensa y aeroespacial, comunicación y computación cuántica, ha sido listada en el Nasdaq Capital Market bajo el ticker 'ALMU' a partir del 27 de marzo de 2028.
Los ingresos netos se destinarán a ampliar los esfuerzos de desarrollo comercial, avanzar en los procesos de fabricación para la comercialización y al capital de trabajo. Craig-Hallum actuó como el único suscriptor de la oferta, que se llevó a cabo bajo las declaraciones de registro de la Compañía en el formulario S-1.
Aeluma (ALMU)는 성공적으로 초과 청약된 공모를 마감하고 1,380만 달러의 총 수익을 올리며 주당 5.25달러에 2,628,571주를 판매했습니다. 완전 행사된 초과 배정 옵션이 포함되어 있습니다. 모바일, 자동차, 인공지능, 방위 및 항공 우주, 통신 및 양자 컴퓨팅 기술을 전문으로 하는 반도체 회사는 2028년 3월 27일부터 'ALMU'라는 티커로 Nasdaq Capital Market에 상장되었습니다.
순수익은 사업 개발 노력을 확대하고 상용화를 위한 제조 프로세스를 발전시키며 운영 자본에 사용될 예정입니다. Craig-Hallum은 이 공모의 단독 인수자로 활동했으며, 이는 회사의 S-1 양식 등록 명세서에 따라 진행되었습니다.
Aeluma (ALMU) a réussi à clore son offre publique sursouscrite, levant 13,8 millions de dollars de produits bruts grâce à la vente de 2.628.571 actions à 5,25 dollars par action, y compris une option de surallocation entièrement exercée. L'entreprise de semi-conducteurs, spécialisée dans les technologies pour les mobiles, l'automobile, l'IA, la défense et l'aérospatial, la communication et l'informatique quantique, a été cotée au Nasdaq Capital Market sous le ticker 'ALMU' à partir du 27 mars 2028.
Les produits nets seront alloués à l'expansion des efforts de développement commercial, à l'avancement des processus de fabrication pour la commercialisation et au fonds de roulement. Craig-Hallum a agi en tant que seul souscripteur de l'offre, qui a été réalisée sous les déclarations d'enregistrement de la société sur le formulaire S-1.
Aeluma (ALMU) hat erfolgreich ihr überzeichnetes öffentliches Angebot abgeschlossen und 13,8 Millionen Dollar an Bruttoerlösen durch den Verkauf von 2.628.571 Aktien zu 5,25 Dollar pro Aktie erzielt, einschließlich einer vollständig ausgeübten Überzeichnungsoption. Das Halbleiterunternehmen, das sich auf Technologien für Mobilgeräte, Automobil, KI, Verteidigung und Luft- und Raumfahrt, Kommunikation und Quantencomputing spezialisiert hat, ist am Nasdaq Capital Market unter dem Ticker 'ALMU' ab dem 27. März 2028 gelistet.
Die Nettomittel werden verwendet, um die Geschäftsentwicklung zu erweitern, die Fertigungsprozesse für die Kommerzialisierung voranzutreiben und das Betriebskapital zu sichern. Craig-Hallum fungierte als alleiniger Underwriter für das Angebot, das unter den Registrierungsunterlagen des Unternehmens auf dem Formular S-1 durchgeführt wurde.
- Successfully raised $13.8M in gross proceeds
- Uplisted to Nasdaq Capital Market from OTCQB
- Over-allotment option fully exercised, indicating strong demand
- Funds allocated for business development and manufacturing advancement
- Potential dilution for existing shareholders due to 2.63M new shares issued
Full Exercise of Over-Allotment Option
GOLETA, CA / ACCESS Newswire / March 28, 2025 / Aeluma, Inc. (OTCQB:ALMU) ("Aeluma" or "the Company"), a semiconductor company specializing in high performance, scalable technologies for mobile, automotive, AI, defense & aerospace, communication, and quantum computing, today announced the closing of its underwritten public offering of 2,628,571 shares of its common stock, including a fully exercised over-allotment option, at a price of
Aeluma intends to use the net proceeds from the offering for expanding business development efforts, advancing manufacturing processes to support commercialization traction, and working capital and general business purposes.
As of March 27, 2028, Aeluma's common stock is listed on The Nasdaq Capital Market ("Nasdaq") under the ticker symbol "ALMU".
Craig-Hallum acted as sole underwriter for the offering.
The shares sold in the offering were offered under the Company's registration statement on Form S-1, as amended (File No. 333-285469), which was declared effective by the U.S. Securities and Exchange Commission (the "SEC") on March 25, 2025, and a registration statement on Form S-1 filed pursuant to Rule 462(b) of the Securities Act of 1933, as amended (the "Securities Act"), which was filed with the SEC and became effective upon filing on March 26, 2025.
These securities may not be sold, nor may offers to buy these securities be accepted, prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Aeluma, Inc.
Aeluma develops novel optoelectronics for sensing and communication applications. Aeluma has pioneered a technique to manufacture semiconductor chips using high-performance compound semiconductor materials on large-diameter substrates that are commonly used for mass-market microelectronics. The technology has the potential to enhance performance and scale manufacturing, both of which are critical for emerging applications. Aeluma is developing a streamlined business model from its headquarters in Santa Barbara, California that has a state-of-the-art manufacturing cleanroom. Its transformative semiconductor chip technology may impact a variety of markets including automotive LiDAR, mobile, defense & aerospace, AR/VR, AI, quantum, and communication. Aeluma differentiates itself with unique semiconductor manufacturing capability, proprietary technology, the ability to perform rapid prototyping, and a broad set of product offerings.
Forward-Looking Statements
All statements in this press release that are not historical are forward-looking statements, including, among other things, statements relating to the Company's expectations regarding its market position and market opportunity, expectations and plans as to its product development, manufacturing and sales, and relations with its partners and investors. These statements are not historical facts but rather are based on the Company's current expectations, estimates, and projections regarding its business, operations and other similar or related factors. Words such as "may," "will," "could," "would," "should," "anticipate," "predict," "potential," "continue," "expect," "intend," "plan," "project," "believe," "estimate," and other similar or related expressions are used to identify these forward-looking statements, although not all forward-looking statements contain these words. You should not place undue reliance on forward-looking statements because they involve known and unknown risks, uncertainties, and assumptions that are difficult or impossible to predict and, in some cases, beyond the Company's control. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including, without limitation, risks and uncertainties related to market conditions, the risk that the proposed public offering will not be consummated on the terms or in the amounts contemplated or otherwise, and the satisfaction of customary closing conditions related to the proposed public offering, as well as those risks described under "Risk Factors" in the prospectus related to the proposed offering and those described in the Company's filings with the SEC. The Company undertakes no obligation to revise or update information in this release to reflect events or circumstances in the future, even if new information becomes available.
Company
Aeluma, Inc.
(805) 351-2707
info@aeluma.com
Investor Contact:
Bishop IR
Mike Bishop
(415) 894-9633
ir@aeluma.com
SOURCE: Aeluma, Inc.
View the original press release on ACCESS Newswire
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