Core Viewpoint - Cemtrex, Inc. has announced a definitive agreement to purchase approximately 1,469,507 shares at a price of $2.722 per share, expecting gross proceeds of $4 million [1]. Group 1: Transaction Details - The transaction is expected to close on or about January 9, 2025, pending customary closing conditions [2]. - The net proceeds from the offering will be used for general corporate purposes, including working capital and potential acquisitions [2]. Group 2: Regulatory Information - The offering is made under an effective shelf registration statement on Form S-3, previously filed with the SEC and declared effective on February 3, 2025 [3]. - A final prospectus supplement and accompanying prospectus will be filed with the SEC, providing detailed terms of the offering [3]. Group 3: Company Overview - Cemtrex, Inc. operates in the Security, Industrial, and Aerospace & Defense sectors, providing advanced security technology and industrial services [6]. - The Security segment, led by Vicon Industries, offers video management software and integrated surveillance solutions [6]. - The Industrial segment provides specialized services such as rigging and equipment installation, while the Aerospace & Defense segment focuses on engineering and instrumentation solutions [6].