Aeluma Announces Nasdaq Uplisting and Pricing of $12 Million Public Offering
Aeluma (ALMU) has announced its uplisting to the Nasdaq Capital Market and pricing of a public offering. The semiconductor company is offering 2,285,714 shares of common stock at $5.25 per share, expecting to raise approximately $12 million in gross proceeds before expenses.
The offering, underwritten by Craig-Hallum, is set to close on March 28, 2025. Trading on Nasdaq will commence on March 27, 2025, with the ticker symbol remaining 'ALMU'. The company has granted the underwriter a 30-day option to purchase up to 342,857 additional shares.
The proceeds will be used for:
- Expanding business development efforts
- Advancing manufacturing processes for commercialization
- Working capital and general business purposes
Aeluma (ALMU) ha annunciato il suo passaggio al Nasdaq Capital Market e la determinazione del prezzo di un'offerta pubblica. L'azienda di semiconduttori offre 2.285.714 azioni ordinarie a 5,25 $ per azione, con l'aspettativa di raccogliere circa 12 milioni di dollari in proventi lordi prima delle spese.
L'offerta, sottoscritta da Craig-Hallum, si chiuderà il 28 marzo 2025. Le negoziazioni su Nasdaq inizieranno il 27 marzo 2025, con il simbolo ticker che rimarrà 'ALMU'. L'azienda ha concesso all'underwriter un'opzione di acquisto di 342.857 azioni aggiuntive per un periodo di 30 giorni.
I proventi saranno utilizzati per:
- Espandere gli sforzi di sviluppo commerciale
- Avanzare i processi di produzione per la commercializzazione
- Capitale circolante e scopi aziendali generali
Aeluma (ALMU) ha anunciado su inclusión en el Nasdaq Capital Market y la fijación de precios de una oferta pública. La empresa de semiconductores está ofreciendo 2,285,714 acciones de acciones comunes a $5.25 por acción, esperando recaudar aproximadamente $12 millones en ingresos brutos antes de gastos.
La oferta, respaldada por Craig-Hallum, se cerrará el 28 de marzo de 2025. La negociación en Nasdaq comenzará el 27 de marzo de 2025, manteniendo el símbolo de cotización 'ALMU'. La empresa ha otorgado al suscriptor una opción de 30 días para comprar hasta 342,857 acciones adicionales.
Los ingresos se utilizarán para:
- Expandir los esfuerzos de desarrollo comercial
- Avanzar en los procesos de fabricación para la comercialización
- Capital de trabajo y propósitos comerciales generales
Aeluma (ALMU)는 Nasdaq Capital Market으로의 상장과 공모가 책정을 발표했습니다. 반도체 회사는 2,285,714 주의 보통주를 주당 5.25 달러에 제공하며, 세금을 제외하고 약 1,200만 달러의 총 수익을 올릴 것으로 예상하고 있습니다.
이 공모는 Craig-Hallum이 주관하며, 2025년 3월 28일에 마감될 예정입니다. Nasdaq에서의 거래는 2025년 3월 27일에 시작되며, 티커 심볼은 'ALMU'로 유지됩니다. 회사는 인수자에게 342,857 주 추가 구매에 대한 30일 옵션을 부여했습니다.
수익금은 다음과 같은 용도로 사용될 것입니다:
- 사업 개발 노력 확대
- 상업화를 위한 제조 공정 발전
- 운전 자본 및 일반 사업 목적
Aeluma (ALMU) a annoncé son inscription au Nasdaq Capital Market et la tarification d'une offre publique. La société de semi-conducteurs propose 2 285 714 actions ordinaires à 5,25 $ par action, s'attendant à lever environ 12 millions de dollars de produits bruts avant frais.
L'offre, souscrite par Craig-Hallum, doit se clôturer le 28 mars 2025. Les échanges sur le Nasdaq commenceront le 27 mars 2025, avec le symbole boursier restant 'ALMU'. La société a accordé au souscripteur une option de 30 jours pour acheter jusqu'à 342 857 actions supplémentaires.
Les produits seront utilisés pour:
- Élargir les efforts de développement commercial
- Faire progresser les processus de fabrication pour la commercialisation
- Capitaux de travail et fins commerciales générales
Aeluma (ALMU) hat seine Listung am Nasdaq Capital Market und die Preisgestaltung eines öffentlichen Angebots bekannt gegeben. Das Halbleiterunternehmen bietet 2.285.714 Aktien zum Preis von 5,25 $ pro Aktie an und erwartet, etwa 12 Millionen $ an Bruttoerlösen vor Kosten zu erzielen.
Das Angebot, das von Craig-Hallum gezeichnet wird, soll am 28. März 2025 schließen. Der Handel an der Nasdaq beginnt am 27. März 2025, wobei das Tickersymbol 'ALMU' bleibt. Das Unternehmen hat dem Underwriter eine 30-tägige Option eingeräumt, bis zu 342.857 zusätzliche Aktien zu kaufen.
Die Erlöse werden verwendet für:
- Erweiterung der Geschäftsentwicklungsmaßnahmen
- Fortschritte in den Herstellungsprozessen zur Kommerzialisierung
- Betriebskapital und allgemeine Geschäftszwecke
- Uplisting to Nasdaq Capital Market enhances visibility and potential trading liquidity
- Successfully raised $12 million in gross proceeds through public offering
- Strategic allocation of funds towards business development and manufacturing advancement
- Potential dilution for existing shareholders due to issuance of 2.28M new shares
- Additional dilution possible if underwriter exercises option for 342,857 shares
Aeluma common stock expected to begin trading on Nasdaq under the symbol “ALMU”
GOLETA, CA / ACCESS Newswire / March 27, 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 pricing of an underwritten public offering of 2,285,714 shares of its common stock, 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.
In connection with the offering, the Company has also granted the underwriter a 30-day option to purchase up to 342,857 additional shares of common stock. The offering is expected to close on March 28, 2025, subject to customary closing conditions. On March 25, 2025, the Company received approval to list its common stock on the Nasdaq Capital Market stock exchange ("Nasdaq"). Trading on Nasdaq is expected to commence on March 27, 2025. Shareholders are not required to take any action as a result of the uplisting, and the Company's ticker symbol "ALMU" will remain unchanged.
Craig-Hallum is acting as sole underwriter for the offering.
A registration statement on Form S-1 relating to these securities was declared effective by the U.S. Securities and Exchange Commission (the "SEC") on March 25, 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.
The proposed offering will be made only by means of a prospectus. Copies of the prospectus will be filed with the SEC and, when available, may be obtained from Craig-Hallum Capital Group LLC, Attention: Equity Capital Markets, 222 South Ninth Street, Suite 350, Minneapolis, MN 55402, by telephone at (612) 334-6300 or by email at prospectus@chlm.com. Electronic copies of the preliminary prospectus supplement and accompanying prospectus will also be available on the SEC's website at http://www.sec.gov.
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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