AXT Announces Closing of Public Offering of Common Stock and Full Exercise of Underwriters' Option to Purchase Additional Shares

Core Viewpoint - AXT, Inc. has successfully closed its underwritten public offering, raising approximately $100 million through the sale of common stock at a price of $12.25 per share, including the full exercise of the underwriters' option to purchase additional shares [1] Group 1 - The company offered a total of 8,163,265 shares of common stock [1] - The underwriters exercised their option to purchase an additional 1,064,773 shares [1] - The total gross proceeds from the offering amounted to approximately $100 million [1]