KULR lowers the ATM fundraising scale to 150 million dollars

ChainCatcher news, according to SEC filings, KULR has reduced the fundraising cap for its "At-the-Market Offering" (ATM) from $300 million to $150 million through a supplemental prospectus, with Cantor and Craig-Hallum as the sales agents.

The company has sold 3,936,578 shares under this agreement, raising a total of $22,997,761. The common stock trades on NYSE American under the ticker "KULR," with a closing price of $4.22 per share. The company will pay the sales agents a commission of up to 3% on sales that are deemed "at the market offering" under Securities Act Rule 415(a)(4).