Akoustis Technologies (AKTS) Prices 4.8M Share Common Offering at $6.25/Sh
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Akoustis Announces Pricing of Public Offering of Common Stock
December 12, 2019 7:00 AM ESTCharlotte, N.C., Dec. 12, 2019 (GLOBE NEWSWIRE) -- Akoustis Technologies, Inc. (Nasdaq: AKTS) (Akoustis or the Company), an integrated device manufacturer (IDM) of patented bulk acoustic wave (BAW) high-band radio frequency (RF) filters for mobile and other wireless applications, announced today that it has priced its underwritten public offering of 4,800,000 shares of its common stock at a public offering price of $6.25 per share.
Akoustis expects the gross proceeds from the offering to be approximately $30.0 million, before deducting the underwriting discount and other estimated offering expenses payable by Akoustis. Net proceeds, after the underwriting discount, but before estimated expenses of... More
