other material
confidence high
sentiment neutral
materiality 0.50
AEHR Test Systems enters $25M at-the-market equity offering agreement with Craig-Hallum
AEHR TEST SYSTEMS
- Up to $25M of common stock may be sold at-the-market through agent Craig-Hallum Capital Group.
- Agent to receive commission up to 3.0% of gross proceeds from ATM sales.
- Sales may be made on Nasdaq or in privately negotiated transactions if authorized by company.
- Company is not obligated to sell any specific number or dollar amount; agreement can be suspended.
- Agreement contains customary representations, warranties, and termination provisions.