PANews
PANews|Sep 30, 2025 12:44
[KULR Lowers ATM Fundraising Cap to $150 Million] According to SEC filings, KULR has reduced the maximum fundraising cap for its "At-The-Market" (ATM) offering from $300 million to $150 million through a supplemental prospectus. The sales agents are Cantor and Craig-Hallum. The company has already sold 3,936,578 shares under this agreement, raising a total of $22,997,761. The common stock is traded on the NYSE American under the ticker symbol "KULR," with a closing price of $4.22 per share on September 29. The company will pay the sales agents a commission of up to 3%, and these sales are classified as "at the market offerings" under Securities Act Rule 415(a)(4).
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