KULR Technology Group Announces Six-Month Pause on At-the-Market Equity Offering Program
KULR Technology Group (NYSE American: KULR) announced it will pause its at-the-market (ATM) equity offering program with Cantor Fitzgerald and Craig-Hallum through June 30, 2026.
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Rhea-AI Summary
KULR Technology Group (NYSE American: KULR) announced it will pause its at-the-market (ATM) equity offering program with Cantor Fitzgerald and Craig-Hallum through June 30, 2026. The company said it maintains a strong balance sheet, carries no debt, and has sufficient liquidity to support planned operations and growth initiatives. During the pause, KULR intends to prioritize execution across core platforms, including ramping production of KULR ONE Air products and advancing development of KULR ONE MAX battery backup solutions for AI data center and telecommunications applications.
Positive
- ATM program paused through June 30, 2026
- No debt on the balance sheet
- Liquidity sufficient to support planned operations
- Production ramp of KULR ONE Air prioritized
- Advancing development of KULR ONE MAX battery backup
Negative
- None.
Details
News Market Reaction – KULR
On Dec 22, the day this news came out, KULR closed 18.30% above the previous close.
Data tracked by StockTitan Argus for the Dec 22 session.
Key Figures
- ATM pause end date
- June 30, 2026
- Planned end of pause on ATM equity offering program
- ATM pause duration
- 6 months
- Company elected to pause ATM equity offering for this period
Historical Context
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Joint development deal targeting up to $100M AI BBU opportunity.
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Joined Open Compute Project as Platinum Member for AI data centers.
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Showcasing KULR ONE MAX ORV3 BBU at Reuters Energy Live 2025.
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Rapid development of 400V battery for counter‑UAS directed energy.
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Strong revenue growth but low margins and sizeable operating loss.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
at-the-market equity offering program financial
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HOUSTON , Dec. 22, 2025 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), an energy-systems platform company that enables the safe, certifiable deployment of ultra-high-power lithium battery systems for space and defense programs, hyperscale AI data centers, and telecom infrastructure OEMs, today announced that it has elected to pause its at-the-market (“ATM”) equity offering program with Cantor Fitzgerald and Craig-Hallum through June 30, 2026.
The Company maintains a strong balance sheet, carries no debt, and has sufficient liquidity to support planned operations and growth initiatives. During this period, KULR intends to prioritize execution across its core platforms, including ramping production of its KULR ONE Air products and advancing the development of its KULR ONE MAX battery backup solutions for AI data center and telecommunications applications.
About KULR Technology Group, Inc.
KULR Technology Group, Inc. (NYSE American: KULR) is an energy-management and reliability platform company delivering certifiable battery safety, vibration-mitigation, and thermal control solutions that enable ultra-high-power lithium-ion systems and sensitive electronics to operate reliably across space and defense missions, hyperscale AI data centers, telecom infrastructure and mobility applications.
Find KULR: Website | X | Telegram | LinkedIn | Instagram | TikTok | Facebook
Safe Harbor Statement
This release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business, which include the risk factors disclosed in our Form 10-K filed with the Securities and Exchange Commission on March 31, 2025, as may be amended or supplemented by other reports we file with the Securities and Exchange Commission from time to time. Forward-looking statements include statements regarding our expectations, beliefs, intentions, or strategies regarding the future and can be identified by forward-looking words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “should,” and “would” or similar words. All forecasts are provided by management in this release are based on information available at this time and management expects that internal projections and expectations may change over time. In addition, the forecasts are entirely based on management’s best estimate of our future financial performance given our current contracts, current backlog of opportunities and conversations with new and existing customers about our products and services. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.
Investor Relations:
KULR Technology Group, Inc.
Phone: 858-866-8478 x 847
Email: ir@kulr.ai
KULR Media Relations:
M Group Strategic Communications (on behalf of KULR)
Email: kulr@mgroupsc.com
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