Aeluma Inc. Announces Proposed Public Offering of Common Stock to Raise Capital for Expansion and Development
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Aeluma Inc. (NASDAQ: ALMU) has announced a proposed public offering of its common stock to raise capital for expansion and development. Craig-Hallum will act as the sole book-running manager, with a 30-day option for the underwriter to purchase an additional 15% of shares. The net proceeds will be used for business development, manufacturing advancements, and general purposes. The offering is subject to market conditions and completion is not guaranteed.
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