Precision Optics prices upsized follow-on offering at $3.60 per share; deal size grows to $10 million

Reuters03-27 19:30

<a href="https://laohu8.com/S/PEYE">Precision Optics</a> prices upsized follow-on offering at $3.60 per share; deal size grows to $10 million

Precision Optics priced an underwritten public offering of 2,777,777 common shares at USD 3.60 per share.
Gross proceeds are expected to be about USD 10.0 million, excluding underwriting discounts and offering expenses.
Lucid Capital Markets is acting as sole book-running manager for the offering.
The underwriter has a 45-day option to buy up to 416,667 additional shares.
Net proceeds are intended for working capital and general corporate purposes.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. POC - Precision Optics Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603270730PRIMZONEFULLFEED9679703) on March 27, 2026, and is solely responsible for the information contained therein.

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