Lightwave Logic, Inc. Announces Pricing of $35 Million Public Offering of Common Stock

Core Viewpoint - Lightwave Logic, Inc. has announced a public offering of 11,666,667 shares of common stock, aiming to raise gross proceeds of $35 million to enhance its commercialization efforts and production capacity [1][2][3]. Group 1: Offering Details - The public offering is priced at $35 million, with all shares sold by the company, and includes a 30-day option for the underwriter to purchase an additional 1,750,000 shares [1][2]. - The offering is expected to close on or about December 17, 2025, pending customary closing conditions [1]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated to accelerate commercialization, expand U.S. production capacity, onboard large-scale design-ins, pursue strategic M&A opportunities, and for general corporate purposes [2]. - The company currently has no agreements or commitments for acquisitions or investments [2]. Group 3: Company Background - Lightwave Logic, Inc. specializes in proprietary electro-optic (EO) polymers that enable high-speed data transmission with lower power consumption [5]. - The company's technology is positioned to support applications in telecommunications and generative AI [5]. Group 4: Management Commentary - CEO Yves LeMaitre emphasized that the offering reflects the company's commercial momentum and the increasing importance of electro-optic polymers in AI data centers [3]. - The additional capital is expected to strengthen the company's balance sheet and enhance long-term value for customers and shareholders [3]. Group 5: Regulatory Information - The offering is made under a shelf registration statement filed with the SEC, which was declared effective on August 5, 2024 [4]. - A preliminary prospectus supplement and accompanying prospectus have been filed and are available on the SEC's website [4].