ACM Shanghai gets CSRC nod for private offering up to $625M

ACM Research, Inc.

CSRC approved private offering of up to 44.1M ordinary shares by ACM Shanghai, ACM Research's operating subsidiary.
Expected gross proceeds up to RMB 4.5B (~$625M); offering must close within 12 months of June 28, 2025 approval.
Offering is for up to 10% of ACM Shanghai's pre-offering share capital; shares adjusted for recent option exercises.
Originally disclosed by ACM Research on January 25, 2024; proceeds expected to fund operations or growth.

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