Atomera Incorporated reports developments as a semiconductor materials and technology licensing company focused on Mears Silicon Technology™ (MST®) for transistor performance and power efficiency. Company updates commonly address MST adoption work with semiconductor manufacturers, applications across CMOS-related devices, gate-all-around structures, and gallium nitride workflows for RF and power devices.
Recurring announcements also cover quarterly financial results, customer and collaboration activity, technology modeling tools such as MSTcad™, capital actions involving common stock, and management roles tied to marketing, strategy, and customer development. Atomera's news often links its licensing model to process-integration work using equipment already deployed in semiconductor manufacturing facilities.
Atomera Incorporated (NASDAQ: ATOM), a leader in semiconductor materials and intellectual property, will present at the LD 500 investor conference on September 1, 2020, starting at 9:00 am Pacific Time. The presentation will be live-streamed and can be accessed later through Atomera’s investor relations website. The company is known for its Mears Silicon Technology™ (MST®), which enhances the performance and efficiency of semiconductor transistors. MST is compatible with existing manufacturing equipment and aligns with current nano-scaling technologies in the industry.
Atomera Incorporated (NASDAQ: ATOM) reported its second-quarter financial results, showing a revenue of $0, down from $70,000 in Q2 2019. The net loss stood at $3.8 million, or ($0.21) per share, compared to a net loss of $3.6 million, or ($0.24) per share, a year earlier. The company announced a record 17 customer engagements in Phase 3 of its technology development and completed a $10 million public offering. As of June 30, 2020, Atomera had $18 million in cash and equivalents, reflecting financial stability despite ongoing losses.
Atomera Incorporated (NASDAQ: ATOM) is set to host a conference call on August 5, 2020, at 2:00 PM PT to discuss its second quarter 2020 financial results and business update. The conference call will be accessible via webcast on the company's investor relations website, and through designated phone lines for both U.S. and international participants. Atomera specializes in Mears Silicon Technology (MST), which enhances semiconductor transistor performance and efficiency, utilizing existing manufacturing equipment.
Atomera Incorporated (NASDAQ: ATOM) has been included in the Russell 2000® and 3000® Indexes, effective June 29, 2020, as part of the annual reconstitution of Russell indexes that captures the top 4,000 US stocks by market capitalization. This membership provides automatic inclusion in both the large-cap and small-cap Russell indexes for a year. Being part of these indexes is significant for investment managers and institutional investors, who use them for benchmarking their investment strategies. Approximately $9 trillion in assets are benchmarked against Russell’s US indexes.
Atomera Incorporated (Nasdaq: ATOM) has rescheduled its 2020 Annual Meeting of Stockholders to July 30, 2020, due to ongoing COVID-19 restrictions. Initially set for May 7, the meeting was first postponed to May 26 and now will be held virtually. CEO Scott Bibaud emphasized the need for this change due to compliance with local regulations and Delaware law. Revised proxy materials will be filed with the SEC, providing details for stockholders on how to participate in the virtual meeting.
Atomera Incorporated (NASDAQ: ATOM) has successfully closed an offering of 2,024,000 shares of common stock at $5.00 per share, generating approximately $10 million in gross proceeds. The offering included 264,000 shares sold due to the underwriter's full overallotment option. The net proceeds will be allocated for working capital and corporate purposes, focusing on R&D, customer evaluations, and enhancing the engineering team. National Securities Corporation managed the offering, with the SEC declaring the registration effective.
Atomera Incorporated (NASDAQ: ATOM) announced a public offering of 1,760,000 shares at $5.00 per share, aiming for gross proceeds of $8.8 million. The underwriters have a 45-day option for an additional 264,000 shares to cover over-allotments, potentially raising total proceeds to $10.12 million. The expected closing date is May 18, 2020. Proceeds will support working capital and corporate needs, including R&D and enhanced engineering personnel.
Atomera Incorporated (NASDAQ: ATOM) announced a public offering of its common stock, expected to price around May 13, 2020. The company aims to utilize net proceeds for working capital and corporate purposes, including capital expenditures for equipment, R&D costs, and hiring engineering personnel for Mears Silicon Technology development. National Securities Corporation is managing the offering. The shares are offered under a previously filed registration statement with the SEC, with the preliminary prospectus supplement available online.
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