Cemtrex Closes $1.25 Million Public Share Offering-March 2024-www.financetom.com

Cemtrex Closes $1.25 Million Public Share Offering

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Cemtrex Closes $1.25 Million Public Share Offering

May 29, 2025 11:32 AM

02:10 PM EDT, 05/29/2025 (MT Newswires) -- Cemtrex ( CETX ) closed a $1.25 million underwritten public offering.

The offering consisted of 1.25 million shares priced at $1 each, the company said Thursday in a statement.

Underwriter Aegis Capital has a 45-day option to purchase up to an additional 15% of the number of shares sold in the offering to cover overallotments.

Price: 0.88, Change: +0.01, Percent Change: +1.52

Previous page： Function over flash: Specialized robots attract billions with efficient task handling Next page： Google agrees $36 million fine for anti-competitive deals with Australia telcos

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Function over flash: Specialized robots attract billions with efficient task handling

May 26, 2025

May 22 (Reuters) - These robots don't break into a jig or jump, but their ability to do single tasks cheaply and efficiently is attracting investor dollars as focus shifts to function from flash. Far from the sleek humanoids of science fiction that are meant for complex and adaptive work, boxy and utilitarian robots - some the size of industrial...

Google agrees $36 million fine for anti-competitive deals with Australia telcos

Aug 17, 2025

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

Neo Performance Materials exits separation facilities in China

May 26, 2025

May 22 (Reuters) - Neo Performance Materials ( NOPMF ) said on Thursday it has exited its China separation facilities, as the Canadian rare earths company aims to reduce geopolitical risk and price volatility while expanding in Europe and North America. The exit concludes a strategic review it launched last year. The company said it sold its majority stakes in...

Neo Performance Materials No Longer Pursuing Company Sale, to Accelerate Strategic Plan

May 26, 2025

07:49 AM EDT, 05/22/2025 (MT Newswires) -- Neo Performance Materials ( NOPMF ) on Thursday said it is no longer pursuing a sale of the company and will instead accelerate its current strategic plan to become a major supplier of rare earth permanent magnets and critical materials. Neo said a special committee's strategic review concluded that a sale was risky...