KULR Announces Closing of $2.875 Million Public Offering of Common Stock, Including Full Exercise of Over-Allotment Option to Purchase Additional Shares

SAN DIEGO, Sept. 15, 2023 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a global leader in sustainable energy management, today announced the closing of its $2.875 million underwritten public offering of 8,214,285 shares of its common stock, including 1,071,428 shares of its common stock issued pursuant to the full exercise by the underwriter of its over-allotment option. The public offering price, before the underwriter’s discount and commissions, for each share of common stock was $0.35. All of the securities in the underwritten public offering were sold by the Company.

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