Cemtrex, Inc. announced a $2 million Registered Direct Offering.
The offering involves the purchase of approximately 888,889 shares and/or pre-funded warrants at a price of $2.25 per share.
The net proceeds will be used for general corporate purposes, including working capital and potential acquisitions.
Offering Details
Approximately 888,889 shares and/or pre-funded warrants purchased at $2.25 per share.
Closing Date
Expected to close on or about Dec 30, 2025, subject to customary closing conditions.
Use of Proceeds
Intended for general corporate purposes and potential acquisitions.
- The Registered Direct Offering is part of Cemtrex's strategy to raise capital for corporate activities.
- The offering enhances the company's financial position and supports future growth initiatives.
Cemtrex's Registered Direct Offering marks a significant step in its financial strategy, providing a boost to its capital resources and positioning it for potential growth opportunities in the future.