Aeluma Prices $22.1 Million Public Offering of Common Stock

Core Viewpoint - Aeluma, Inc. has announced a public offering of 1,700,000 shares at a price of $13.00 per share, expecting gross proceeds of approximately $22.1 million before expenses [1][2]. Group 1: Offering Details - The offering includes a 30-day option for underwriters to purchase an additional 255,000 shares at the public offering price [1]. - Craig-Hallum is the sole book-running manager, with The Benchmark Company, LLC acting as co-manager for the offering [2]. - The offering is made under a shelf registration statement filed with the SEC, which was declared effective on August 8, 2025 [3]. Group 2: Use of Proceeds - Aeluma plans to use the net proceeds for expanding business development efforts, advancing manufacturing processes, and for working capital and general business purposes [2]. Group 3: Company Overview - Aeluma specializes in high-performance photonic and electronic technologies, combining compound semiconductors with scalable manufacturing for mass market microelectronics [5]. - The company's technology has applications in various sectors including mobile, AI, defense, aerospace, robotics, automotive, AR/VR, and quantum [5]. - Aeluma operates advanced R&D and manufacturing capabilities for semiconductor wafer production and quick-turn chip fabrication [5].