IPO - CEMTREX INC

Form Type: 424B5

Filing Date: 2025-05-29

Corporate Action: Ipo

Type: New

Accession Number: 000164117225012802

Filing Summary: Cemtrex Inc. is offering 1,250,000 shares of its common stock at a price of $1.00 per share, with proceeds intended for operational use, marketing efforts, and repayment of existing debt. The offering is based on a registration statement effective since February 3, 2025. As of May 16, 2025, the aggregate market value of the company's common stock held by non-affiliates was $4,336,483. Key details include an underwriter option allowing for the purchase of an additional 187,500 shares at the same price. Major risks include substantial operational losses, potential difficulties in raising future capital, and ongoing doubts about the company's ability to continue as a going concern. The company has taken steps to improve its financial situation, including completing two reverse stock splits to maintain its listing on Nasdaq. The anticipated delivery date for the shares is May 29, 2025, contingent on customary closing conditions.

Form Type: 8-K

Filing Date: 2025-05-29

Corporate Action: Ipo

Type: New

Accession Number: 000164117225012804

Filing Summary: On May 28, 2025, Cemtrex Inc. entered into an underwriting agreement with Aegis Capital Corp. for a firm commitment public offering of 1,250,000 shares of common stock at a public offering price of $1.00 per share. The underwriter was granted an over-allotment option to purchase an additional 187,500 shares. The expected gross proceeds from this offering are approximately $1,250,000 before expenses. The offering closed on May 29, 2025. The shares are being issued under the Company’s shelf registration statement filed with the SEC. The Underwriting Agreement includes standard representations, warranties, and closing conditions, along with indemnification obligations.