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KULR Reduces ATM Fundraising Size to $150 Million
Summary: According to SEC filings, KULR has lowered the maximum fundraising limit for its 'at-the-market' (ATM) offering from $300 million to $150 million, with Cantor and Craig-Hallum as sales agents. The company has sold 3,936,578 shares under this agreement, raising a total of $22,997,761. KULR common stock trades on NYSE American under the symbol 'KULR' at ...
According to SEC filings, KULR has lowered the maximum fundraising limit for its 'at-the-market' (ATM) offering from $300 million to $150 million, with Cantor and Craig-Hallum as sales agents. The company has sold 3,936,578 shares under this agreement, raising a total of $22,997,761. KULR common stock trades on NYSE American under the symbol 'KULR' at a closing price of $4.22 per share. The company will pay sales agents a maximum 3% commission, with these sales classified as 'at the market offering' under Securities Act Rule 415(a)(4).
