Atomera Inc. filed for a mixed shelf offering of up to $100 million, according to an SEC filing. This filing provides the company with flexibility to raise capital through various securities, including common stock, preferred stock, debt securities, warrants, and units. The move is intended to bolster the company's financial position.
The filing also includes an equity distribution agreement covering an offering of up to $50 million. This at-the-market (ATM) facility allows Atomera to sell shares of its common stock periodically into the open market. This method provides a flexible and cost-effective way to raise capital as needed.
This financing strategy is crucial for Atomera, a pre-revenue company, to fund its ongoing research and development efforts and operational expenses. The capital raised will support the continued development and commercialization of its Mears Silicon Technology (MST). Management believes its current capital is sufficient to fund operations for at least 12 months from the August 5, 2025, 10-Q filing date, with this ATM facility contributing to that liquidity.
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