KULR Technology Group Announces Six-Month Pause on At-the-Market Equity Offering Program
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.
News Market Reaction – KULR
On the day this news was published, KULR gained 18.30%, reflecting a significant positive market reaction. Argus tracked a peak move of +16.9% during that session. Our momentum scanner triggered 56 alerts that day, indicating high trading interest and price volatility. This price movement added approximately $28M to the company's valuation, bringing the market cap to $178M at that time.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
KULR is up 6.38% while peers show mixed moves: LPTH up 6.41%, MEI modestly higher, RELL slightly positive, and GAUZ down 17.52%, suggesting a company-specific reaction.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 17 | AI collaboration | Positive | -8.8% | Joint development deal targeting up to $100M AI BBU opportunity. |
| Dec 11 | AI membership | Positive | -2.0% | Joined Open Compute Project as Platinum Member for AI data centers. |
| Dec 09 | Conference showcase | Positive | +2.6% | Showcasing KULR ONE MAX ORV3 BBU at Reuters Energy Live 2025. |
| Nov 24 | Defense battery news | Positive | +5.2% | Rapid development of 400V battery for counter‑UAS directed energy. |
| Nov 18 | Earnings update | Negative | +6.3% | Strong revenue growth but low margins and sizeable operating loss. |
Recent news has more often led to price gains, but several positive AI-related updates saw short-term declines, indicating occasional divergence between upbeat headlines and near-term trading.
Over the past months, KULR reported rapid Q3 2025 revenue growth and expanding Bitcoin-related assets, but with ongoing losses. It highlighted a new 400V battery system for counter‑UAS directed energy, deeper engagement in AI data center backup power, and a large potential $100M AI server rack BBU collaboration. Today’s ATM pause, paired with claims of no debt and sufficient liquidity, follows this sequence of growth and infrastructure initiatives.
Market Pulse Summary
The stock surged +18.3% in the session following this news. A strong positive reaction aligns with investors welcoming a six‑month pause in the ATM equity program, which reduces near‑term issuance while the company reports no debt and sufficient liquidity. Past news often produced gains, though several AI updates saw short‑term pullbacks. With shares far below the $43.92 52‑week high and under the $6.69 200‑day MA, traders may weigh balance sheet strength against execution and dilution history.
Key Terms
at-the-market equity offering program financial
AI-generated analysis. Not financial advice.
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
FAQ
Why did KULR (KULR) pause its ATM equity offering program through June 30, 2026?
How long is KULR's (KULR) ATM program pause effective?
Which brokers were involved in KULR's (KULR) ATM equity offering program?
Will KULR (KULR) continue operations while the ATM program is paused?
What product initiatives will KULR (KULR) prioritize during the ATM pause?
Does KULR (KULR) have debt on its balance sheet as of the announcement?
