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home / news releases / WATT - Energous: Another Equity Offering Boosts Its Share Count To Over 75 Million

WATT - Energous: Another Equity Offering Boosts Its Share Count To Over 75 Million

Energous Corporation
  • Energous's cash burn during Q3 2021 increased to $9.9 million.
  • This was influenced by severance payments to its former CEO.
  • Energous started another $35 million at-the-market equity offering in Q4 2021.
  • This has added 12.2 million shares to date, bringing its share count over 75 million.
  • If it completes that equity offering, it should have around 79 million shares outstanding. The next equity offering may be in late 2022 to early 2023.

For further details see:

Energous: Another Equity Offering Boosts Its Share Count To Over 75 Million
Stock Information
Company Name: Energous Corporation
Stock Symbol: WATT
Market: NASDAQ
Website: energous.com
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