GSI Technology to raise ~$50M in registered direct offering of common stock and pre-funded warrants

GSI TECHNOLOGY INC

Offering includes 1,508,462 shares at $10.00/share and pre-funded warrants for 3,491,538 shares at $9.99/warrant.
Gross proceeds expected ~$50M; closing on or about October 22, 2025.
Net proceeds to be used for general corporate purposes including APU product line development.
Needham & Company acting as sole placement agent; offering under effective shelf registration.
Single institutional investor; lock-up on further equity issuance for 60 days post-closing.

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