Akoustis Announces $10 Million Registered Direct Offering Priced At-The-Market Under Nasdaq Rules
Akoustis Technologies, Inc. (AKTS)
NASDAQ:AMEX Investor Relations:
ir.akoustis.com
Company Research
Source: GlobeNewswire
Charlotte, N.C., May 22, 2024 (GLOBE NEWSWIRE) -- Akoustis Technologies, Inc. (Nasdaq: AKTS) (“Akoustis” or the “Company”), an integrated device manufacturer (IDM) of patented bulk acoustic wave (BAW) high-band RF filters for mobile and other wireless applications, announced today that it has entered into definitive securities purchase agreements for the purchase and sale of an aggregate of 50,000,000 shares of the Company’s common stock (or common stock equivalents) at a purchase price of $0.20 per share of common stock (or common stock equivalent) in a registered direct offering priced at-the-market under Nasdaq rules. The offering is expected to close on or about May 24, 2024 subject to the satisfaction of customary closing conditions. Roth Capital Partners is acting as the exclusive placement agent for the offering. Akoustis expects the gross proceeds from the offering to be approximately $10,000,000 million, before deducting the placement agent’s fees and other estimated offe
Show less
Read more
Impact Snapshot
Event Time:
AKTS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
AKTS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
AKTS alerts
High impacting Akoustis Technologies, Inc. news events
Weekly update
A roundup of the hottest topics
AKTS
News
- Private 5G Network Deployment Tracker 2024-2030: Extensive Database of 7,000+ Global Private Cellular Network Engagements Across 120 Countries [Yahoo! Finance]Yahoo! Finance
- Radio Frequency Filters Market size is set to grow by USD 9.23 billion from 2024-2028, High proliferation of mobile computing devices to boost the market growth, Technavio [Yahoo! Finance]Yahoo! Finance
- Akoustis Announces $10 Million Registered Direct Offering Priced At-The-Market Under Nasdaq Rules [Yahoo! Finance]Yahoo! Finance
- Akoustis stock rallies as co completes rollout of its XBAW design updates [Seeking Alpha]Seeking Alpha
- Akoustis Completes Rollout of its XBAW® Design UpdatesGlobeNewswire
AKTS
Earnings
- 5/13/24 - Miss
AKTS
Sec Filings
- 6/5/24 - Form 8-K
- 5/31/24 - Form SD
- 5/24/24 - Form 8-K
- AKTS's page on the SEC website