AXT Announces Pricing of $87,000,000 Public Offering of Common Stock
AXTAXT(US:AXTI) Businesswire·2025-12-29 20:00

"Company†), a leading manufacturer of compound semiconductor wafer substrates, announced today the pricing of an underwritten public offering of 7,098,492 shares of common stock at a price to the public of 12.25pershare.ThegrossproceedsfromtheofferingtotheCompanyareexpectedtobeapproximately12.25 per share. The gross proceeds from the offering to the Company are expected to be approximately 87 million, before deducting underwriting discounts and commissions and other offering expenses. In addition, the. FREMONT, Calif.--(BUSINESS WIRE)--AXT, Inc. (NasdaqGS: AXTI) ("AXT†or the ...