Cemtrex announces $4 million registered direct offering to one institutional investor
On January 9, 2026, Cemtrex agreed to sell common stock and pre-funded warrants to a single institutional investor in a registered direct offering for gross proceeds of $4 million, and the offering closed the same day. The sale adds shares outstanding, so existing shareholders' ownership is diluted, while the company expects to use the proceeds for general corporate purposes, including working capital and potential acquisitions.
- Gross proceeds of $4,000,000 from the offering, which closed January 9, 2026
- Company issued 400,000 common shares and pre-funded warrants to purchase 1,069,507 common shares
- Press release gives a purchase price of $2.722 per share
- Proceeds expected for general corporate purposes, including working capital and potential acquisitions