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Atomera, Inc: Atomera Completes $25 Million At-The-Market Equity Offering
Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)
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LOS GATOS, CA / ACCESSWIRE / January 5, 2021 / Atomera Incorporated (NASDAQ:ATOM), a semiconductor materials and licensing company, today announced it has completed an offering of shares of its common stock, pursuant to an at-the-market equity program described in a prospectus supplement dated September 2, 2020 and filed with the SEC. After deducting commissions and other estimated expenses, net proceeds to Atomera were approximately $24.2 million.
About Atomera
Atomera Incorporated is a semiconductor materials, and technology licensing company focused on deploying its proprietary, silicon-proven technology into the semiconductor industry. For more information, please visit Atomera.com
atomera, incorporate is a us‐based engineered company focused on the development and commercialization of its proprietary materials which enhance electronic performance. the company’s unique abilities to assemble atoms into deliberately useful structures, enables engineered materials with a spectrum of properties to enable the next generation of electronic devices. atomera is currently licensing proprietary reengineered silicon materials into the $350+ billion global semiconductor industry. these materials meaningfully reduce power consumption, improve performance and reduce manufacturing costs for wafer manufacturers and and electronic device designers. mears silicon technology (mst™) is the first material/product designed by atomera for use in cmos semiconductors. the company has engaged in mst™ cmos demonstration and evaluation programs with several of the world’s top 10 semiconductor manufacturers and r&d; facilities. these programs have confirmed that, using mst™ cmos, both transi