Precision Optics raises $1.4M via registered direct offering; prelim FY24 revenue $18.5M-$18.9M

PRECISION OPTICS CORPORATION, INC.

Raised ~$1.4M gross from 265,868 shares at $5.25 (institutional) and $5.79 (officers/directors).
Offering to close Aug 15; net proceeds for working capital and general corporate purposes.
Preliminary FY2024 revenue range $18.5M-$18.9M; subject to closing adjustments.
Company agrees to 30-day lock on further equity issuance; 60-day ban on variable rate deals.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.