2026-03-20 21:06:07
Aeluma, Inc. Enters $50 Million Sales Agreement with Roth Capital Partners
Expected Stock impact: Slightly Positive
On March 20, 2026, Aeluma, Inc. announced that it has entered into a Sales Agreement with Roth Capital Partners, LLC, along with other agents, allowing the company to sell up to $50 million of its common stock. This agreement is part of the company's strategy to raise capital through the sale of shares, which will be conducted on the Nasdaq Capital Market. The company has filed a prospectus supplement with the SEC regarding this offering, which is made under its existing shelf registration statement declared effective in August 2025. The agreement provides flexibility for Aeluma to sell shares at market prices, although there is no obligation for the company to sell any shares. The company has also agreed to indemnify the agents against certain liabilities related to the offering. This move is expected to enhance Aeluma's liquidity position, providing it with additional resources to support its operational and strategic initiatives.
