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Applied Energetics Announces Completion of $10.8 Million Private Placement Offering
Accessnewswire· 2025-10-09 12:00
Core Viewpoint - Applied Energetics, Inc. has successfully closed a private placement of shares to accredited investors, indicating strong investor interest in the company's ultrashort pulse laser and directed energy solutions [1] Group 1: Private Placement Details - The company issued 5,995,674 shares of common stock or pre-funded warrants at a purchase price of $1.80 per share or $1.799 per pre-funded warrant [1] - The pre-funded warrants are immediately exercisable at a price of $0.001 per share until fully exercised, with a restriction preventing holders from owning 5% or more of the company's common stock [1]