Core Viewpoint - Energous Corporation has successfully closed a registered direct offering and concurrent warrant exercise, raising approximately $5.0 million for working capital and general corporate purposes [3]. Group 1: Offering Details - The company offered an aggregate of 585,347 shares of common stock at a price of $7.92 per share, along with warrants to purchase an equal number of shares [1]. - The warrants have an exercise price of $7.79 per share, are immediately exercisable, and will expire five years from the issuance date [1][2]. - The company also exercised certain outstanding warrants, resulting in the issuance of new unregistered warrants for an aggregate of 47,764 shares at an exercise price of $7.79 per share [2]. Group 2: Financial Proceeds - The total gross proceeds from the offering and warrant exercise amounted to approximately $5.0 million before deducting fees and expenses [3]. - The net proceeds will be utilized for working capital and general corporate purposes [3]. Group 3: Regulatory Compliance - The shares offered were sold under a "shelf" registration statement filed with the SEC, ensuring compliance with regulatory requirements [4]. - The unregistered warrants and underlying shares have not been registered under the Securities Act, limiting their sale in the U.S. without an effective registration statement [5]. Group 4: Company Overview - Energous Corporation is a pioneer in scalable, over-the-air wireless power networks, enabling battery-free devices for various applications such as asset tracking and environmental monitoring [8].

Core Points - Energous Corporation has entered into a definitive agreement for the purchase and sale of 585,347 shares of its common stock at an offering price of $7.92 per share, along with warrants to purchase the same number of shares [1] - The company also announced the immediate exercise of certain outstanding warrants to purchase an aggregate of 47,764 shares, with exercise prices of $6.7595 and $7.79 per share [2] - The total gross proceeds from the offering and warrant exercise are expected to be approximately $5.0 million, which will be used for working capital and general corporate purposes [4] Offering Details - The offering is a registered direct offering priced at-the-market under Nasdaq rules, with the closing expected to occur on or about September 11, 2025 [3] - Rodman & Renshaw, LLC and H.C. Wainwright & Co. are acting as the exclusive placement agents for the offering and warrant exercise [3] - The shares being offered are registered under an effective registration statement on Form S-3 [5] Warrant Exercise - The existing warrants will be exercised for cash, and new unregistered warrants will be issued at an exercise price of $7.79 per share [2] - The new warrants will be exercisable immediately upon issuance and will expire five years after the initial issuance date [2] Company Overview - Energous Corporation is a pioneer in scalable, over-the-air wireless power networks, enabling battery-free devices for various applications [8]