Core Viewpoint - MIND Technology, Inc. has entered into an equity distribution agreement to sell up to $25 million of common stock and authorized a stock repurchase program of up to $4 million, aiming to enhance shareholder value and respond to market conditions efficiently [1][2]. Group 1: Equity Distribution Agreement - The company has established an equity distribution agreement with Lucid Capital Markets LLC, allowing it to sell up to $25 million of common stock under an "at-the-market" program [1]. - This program is designed to provide the company with the flexibility to raise capital quickly when market conditions are favorable [2]. Group 2: Stock Repurchase Program - The Board of Directors has authorized a stock repurchase program of up to $4 million, which can be executed at any time until August 31, 2027 [1]. - This initiative is intended to allow the company to invest in its own stock if market conditions suggest it is the best use of capital [2]. Group 3: Company Overview - MIND Technology, Inc. specializes in providing technology for various industries, including oceanographic, hydrographic, defense, seismic, and security sectors [3]. - The company is headquartered in The Woodlands, Texas, and has a global presence with key operations in the United States, Singapore, Malaysia, and the United Kingdom [3].