other_material
confidence medium
sentiment neutral
materiality 0.20
Cemtrex closes over-allotment in public offering, raising ~$187,500 from 187,500 shares at $1.00
CEMTREX INC
- Underwriter fully exercised 45-day option for 187,500 shares at $1.00/share on June 2.
- Gross proceeds from option shares ~$187,500; net proceeds after discounts and expenses lower.
- Shares sold under firm commitment underwriting agreement with Aegis Capital Corp.; closed June 3, 2025.
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