---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-086400"
form_type: "8-K"
ticker: "GSIT"
cik: "0001126741"
company_name: "GSI TECHNOLOGY INC"
filed_at: "2023-08-01T23:59:59+00:00"
generated_at: "2026-06-12T16:55:45.250089+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# GSI Technology enters $25M ATM offering, preliminary Q1 revenue $5.6M

## Summary
- Entered into Sales Agreement with Needham & Company for at-the-market offering of up to $25 million of common stock.
- Preliminary net revenue for Q1 ended June 30, 2023 estimated at $5.6 million.
- Preliminary gross profit estimated at $3.1 million.
- Commission rate 3.0% of gross sales price; sales may be made from time to time at prevailing market prices.
- Company has no obligation to sell any shares and may suspend or terminate the agreement at any time.

## SEC filing metadata
- accession: 0001104659-23-086400
- form_type: 8-K
- ticker: GSIT
- cik: 0001126741
- company_name: GSI TECHNOLOGY INC
- filed_at: 2023-08-01T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1126741/000110465923086400/0001104659-23-086400-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1126741/000110465923086400/tm2322412d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-086400
- JSON: https://secwatch.observer/filing/0001104659-23-086400.json
- Plain text: https://secwatch.observer/filing/0001104659-23-086400.txt

## Key facts
- Earnings Releases
  GSI TECHNOLOGY INC reported three months ended June 30, 2023 results: revenue $5.6 million.
  - Period: three months ended June 30, 2023
  - Revenue: $5.6 million
  - Result: preliminary results
  source text: The Company estimates its total net revenue for the three months ended June 30, 2023 will be $5.6 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1126741/000110465923086400/0001104659-23-086400-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.