Aeluma Prices $22.1 Million Public Offering of Common Stock

GOLETA, Calif., Sept. 18, 2025 (GLOBE NEWSWIRE) -- Aeluma, Inc. (NASDAQ: ALMU) (“Aeluma” or “the Company”), a transformative semiconductor company specializing in high performance and scalable technologies, today announced that it has priced an underwritten public offering of 1,700,000 shares of its common stock at a public offering price of $13.00 per share. Aeluma expects the gross proceeds from this offering to be approximately $22.1 million, before deducting the underwriting discount and other offering expenses. In connection with the offering, Aeluma has granted the underwriters a 30-day option to purchase up to 255,000 additional shares of its common stock at the public offering price, less the underwriting discount. Aeluma expects to close the offering, subject to the satisfaction of customary conditions, on or about September 19, 2025.