StockWatch
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Industrial Machinery/Components
InvestmentMay 15, 2026, 04:28 PM

ACM Research Completes $149.8M Registered Direct Offering

AI Summary

ACM Research, Inc. announced the consummation of its previously disclosed registered direct offering. The company issued and sold an aggregate of 2,884,615 shares of Class A common stock at an offering price of $52.00 per share. Following the deduction of estimated offering expenses, ACM Research received net proceeds of approximately $149,849,980.

Key Highlights

  • ACM Research completed a registered direct offering of 2,884,615 shares of Class A common stock.
  • The shares were sold at an offering price of $52.00 per share.
  • The company received net proceeds of approximately $149,849,980 from the offering.
  • The offering was conducted pursuant to an effective shelf registration statement on Form S-3.