ACM Research raises ~$150M via registered direct offering at $52/share

ACM Research, Inc.

Offered 2,884,615 shares at $52.00 per share to institutional investors managed by Tekne Capital.
Gross proceeds of ~$150M ($149,999,980); net proceeds ~$149.85M after expenses.
Proceeds for U.S. and global expansion and general corporate purposes.
Closing expected on or about May 15, 2026; subject to customary conditions.
Company agreed to a 6-month lock-up on Class A common stock (waivable by investor advisor).

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

ACM Research, Inc. entered into Securities Purchase Agreement with certain U.S. institutional investors named therein managed by Tekne Capital Management, LLC valued at approximately $149,849,980 million (effective 2026-05-12).

Action: entry
Agreement: equity purchase
Counterparty: certain U.S. institutional investors named therein managed by Tekne Capital Management, LLC
Value: approximately $149,849,980 million
Effective: 2026-05-12

Exact text from the filing

On May 12, 2026, ACM Research, Inc. (the “Company”) entered into a Securities Purchase Agreement (the “Purchase Agreement”) with certain U.S. institutional investors named therein managed by Tekne Capital Management, LLC (the “Investors”).

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622 material agreements filed in the last 30 days. Browse all material agreements →

ACM Research, Inc. filing history →

Source: SEC EDGAR

accession 0001140361-26-020717

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