KULR - KULR announces proposed public offering of common stock
2023-08-16 16:22:40 ET
- KULR Technology Group Inc. ( NYSE: KULR ) on Wednesday announced that it intends to offer and sell shares of its common stock in an underwritten public offering.
- All of the shares of common stock in the underwritten public offering are to be sold by the company.
- The company intends to use the net proceeds to pay off certain amounts of the outstanding balance owed under its existing financing facility and for working capital and general corporate purposes.
- KULR closed +26.597% at $1.09.
- Source: Press Release
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KULR announces proposed public offering of common stock