KULR cuts ATM funding to $150 million
2025-09-30 12:46:54
On September 30, according to a U.S. SEC filing, KULR lowered the "controlled interest offering" (ATM) fundraising limit from $300 million to $150 million through a supplemental prospectus. The company has sold 3,936,578 shares under the agreement, raising a total of $22,997,761. Common shares are traded on NYSE American under the symbol "KULR" and close at $4.22 per share. The company will pay a commission of up to 3% to the selling agent, and such sales are recognized as "at the market offerings" under Rule 415 (a) (4) of the Securities Act.
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