Atomera Announces $25 Million Registered Direct Offering of Common Stock
Atomera (NASDAQ:ATOM) entered a definitive purchase agreement for a registered direct offering of 5,000,000 common shares at $5.00 per share for expected gross proceeds of approximately $25 million before fees.
Rhea-AI Summary
Atomera (NASDAQ:ATOM) entered a definitive purchase agreement for a registered direct offering of 5,000,000 common shares at $5.00 per share for expected gross proceeds of approximately $25 million before fees. The offering is expected to close on or about February 24, 2026.
Craig-Hallum is acting as sole placement agent. Atomera intends to use net proceeds for working capital and general corporate purposes. The offering is made under Atomera's Form S-3 shelf (File No. 333-287603), declared effective June 3, 2025.
Positive
- Expected gross proceeds of approximately $25 million
- Committed placement agent (Craig-Hallum) to manage the offering
- Shelf registration in place (Form S-3 declared effective June 3, 2025) enabling the raise
Negative
- Issuance of 5,000,000 shares will increase shares outstanding and may dilute existing shareholders
- Gross proceeds are before placement agent fees and offering expenses, reducing net cash available
Details
News Market Reaction – ATOM
In the Feb 23 session, ATOM declined 14.50%, reflecting a significant negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
- Shares offered
- 5,000,000 shares
- Registered direct offering size
- Offering price
- $5.00 per share
- Price for registered direct offering
- Gross proceeds
- $25 million
- Expected gross proceeds before fees
- Closing date
- February 24, 2026
- Expected closing of offering
- Form S-3 file number
- 333-287603
- Shelf registration statement reference
- S-3 filing date
- May 27, 2025
- Date Form S-3 filed with SEC
- S-3 effective date
- June 3, 2025
- Date Form S-3 declared effective
Historical Context
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Reported modest revenue, net loss of $4.4M and $19.2M cash.
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Announced date and webinar timing for Q4 and FY 2025 results.
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GaN-on-Silicon concept advanced to proposal phase in funding program.
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Released survey showing industry support for materials innovation for AI.
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Reported higher net loss, rising EBITDA loss and lower cash balance.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
registered direct offering financial
securities purchase agreement financial
placement agent financial
prospectus supplement regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
LOS GATOS, CA / ACCESS Newswire / February 23, 2026 / Atomera Incorporated ("Atomera" or the "Company") (NASDAQ:ATOM), a semiconductor materials and technology licensing company, today announced that it has entered into a definitive securities purchase agreement with certain institutional investors for the purchase and sale of an aggregate of 5,000,000 shares of common stock, at an offering price of
Craig-Hallum is acting as sole placement agent for the offering.
Atomera intends to use the net proceeds from the offering for working capital and general corporate purposes.
The offering of the shares of common stock is being made pursuant to Atomera's shelf registration statement on Form S-3 (File No. 333-287603) filed with the Securities and Exchange Commission (the "SEC") on May 27, 2025 and declared effective on June 3, 2025. A prospectus supplement and accompanying prospectus describing the terms of the offering will be filed with the SEC. Copies of the prospectus supplement and the accompanying prospectus relating to the securities being offered may be obtained, when available, by visiting the SEC's website at https://www.sec.gov or by contacting: Craig-Hallum Capital Group LLC, Attention: Equity Capital Markets, 323 North Washington Ave., Suite 300, Minneapolis, MN 55401, by telephone at (612) 334-6300 or by email at prospectus@chlm.com.
This announcement shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any offer or sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful.
About Atomera Incorporated
Atomera Incorporated is a semiconductor materials and technology licensing company focused on deploying its proprietary, silicon-proven technology into the semiconductor industry. Atomera has developed Mears Silicon Technology™ (MST®), which increases performance and power efficiency in semiconductor transistors. MST can be implemented using equipment already deployed in semiconductor manufacturing facilities and is complementary to other nano-scaling technologies already in the semiconductor industry roadmap.
Safe Harbor
This press release contains forward-looking statements regarding the expected closing of the registered direct offering and the intended use of proceeds from the offering. The offering is subject to customary closing conditions and there can be no assurance as to whether or when the offering may be completed. Forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual results to differ materially, including those risks disclosed under the caption "Risk Factors" in the prospectus supplement related to the offering. Atomera cautions readers not to place undue reliance on any forward-looking statements. The Company does not undertake, and specifically disclaims any obligation, to update or revise such statements to reflect new circumstances or unanticipated events as they occur.
Investor Contact:
Bishop IR
Mike Bishop
(415) 894-9633
investor@atomera.com
SOURCE: Atomera, Inc.
View the original press release on ACCESS Newswire
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