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05-23

Ok will accept your offer

Akoustis Stock Rallies 128.8% on $10M Registered Direct Offering Priced At-the-Market

Akoustis Technologies has entered into definitive securities purchase agreements for the purchase and sale of an aggregate of 50M shares of the Co.’s common stock at a purchase price of $0.20/share of common stock in a registered direct offering priced at-the-market. Akoustis expects the gross proceeds from the offering to be ~$10M and intends to use the net proceeds from the proposed offering for working capital and to fund operations. The offering is expected to close on or about May 24, 2024. AKTS is +87% to $0.26.

Akoustis Stock Rallies 128.8% on $10M Registered Direct Offering Priced At-the-Market

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AKTS is +87% to $0.26.","content":"<p>Akoustis Technologies (NASDAQ:AKTS) has entered into definitive securities purchase agreements for the purchase and sale of an aggregate of 50M shares of the Co.’s common stock at a purchase price of $0.20/share of common stock in a registered direct offering priced at-the-market.</p><p>Akoustis shares soared 128.8% on Wednesday.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/79d69f8afc9489be4dc101e64961d3ec\" tg-width=\"824\" tg-height=\"828\"></p><p>Akoustis expects the gross proceeds from the offering to be ~$10M and intends to use the net proceeds from the proposed offering for working capital and to fund operations.</p><p>The offering is expected to close on or about May 24, 2024.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Akoustis Stock Rallies 128.8% on $10M Registered Direct Offering Priced At-the-Market</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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