Photonic and electronic technologies
Search documents
Aeluma Announces Proposed Public Offering of Common Stock
Globenewswireยท 2025-09-17 20:02
Core Viewpoint - Aeluma, Inc. plans to conduct an underwritten public offering of its common stock, with a potential additional 15% of shares available for purchase by the underwriter [1][2]. Group 1: Offering Details - The offering is subject to market conditions and there is no assurance regarding its completion or the final terms [1]. - Craig-Hallum is the sole book-running manager for the offering [2]. - Aeluma will file a preliminary prospectus supplement with the SEC detailing the terms of the offering [4]. Group 2: Use of Proceeds - The net proceeds from the offering are intended for business development, advancing manufacturing processes, and general working capital [2]. Group 3: Company Overview - Aeluma specializes in high-performance photonic and electronic technologies, combining compound semiconductors with scalable manufacturing for mass market microelectronics [5]. - The company's technology has applications in various sectors including mobile, AI, defense, aerospace, robotics, automotive, AR/VR, and quantum [5]. - Aeluma is headquartered in Goleta, California, and operates advanced R&D and manufacturing capabilities for semiconductor production [5].