Aeluma Announces Closing of Oversubscribed Public Offering with $25.4 Million Gross Proceeds

GOLETA, Calif., Sept. 22, 2025 (GLOBE NEWSWIRE) -- Aeluma, Inc. (NASDAQ: ALMU) (“Aeluma” or “the Company”), a transformative semiconductor company specializing in high-performance and scalable technologies, today announced the closing of its previously announced underwritten public offering of 1,955,000 shares of its common stock at a public offering price of $13.00 per share, which includes 255,000 shares issued upon the exercise in full by the underwriters of their option to purchase additional shares of common stock in the offering. The gross proceeds to Aeluma from this offering were approximately $25.4 million, before deducting the underwriting discount and other offering expenses.

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