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AI brief of an SEC Form 8-K · PRECISION OPTICS CORPORATION, INC. (POCI)

Precision Optics prices $10 million stock offering at $3.60 per share

Mixed Impact 3 of 5 financing Written later

Precision Optics Corporation sold 2,777,777 shares of common stock at $3.60 per share under a registered shelf offering led by Lucid Capital Markets, and the offering closed on March 30, 2026. The company expects net proceeds of about $10.7 million, including full exercise of a 45-day option for up to 416,667 more shares, to be used for working capital and general corporate purposes. The sale adds new shares outstanding, which dilutes existing shareholders, and the company also issued the underwriter warrants for up to 159,722 shares.

Key points

  • 2,777,777 shares sold at $3.60 per share, with a 45-day option for up to 416,667 additional shares
  • Expected net proceeds of about $10.7 million including full exercise of the over-allotment option; offering closed March 30, 2026
  • Underwriter received a discount of up to 6.5% of gross proceeds and warrants for up to 159,722 shares at $4.21, exercisable from March 30, 2026 to March 27, 2031
  • CEO Joseph N. Forkey, CFO Wayne Coll and COO Joseph Traut bought shares in the offering on the same terms as other purchasers

The filing

CompanyPRECISION OPTICS CORPORATION, INC. (POCI)
Form8-K, current report
Filed with the SECMar 30, 2026, 5:34 PM ET
Accession number0001683168-26-002421

Items reported: 1.01 Material Definitive Agreement3.02 Unregistered Equity Sale8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:29 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 30, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.