IPO - PRECISION OPTICS CORPORATION, INC.
Form Type: 424B5
Filing Date: 2025-02-20
Corporate Action: Ipo
Type: New
Accession Number: 000168316825001144
Filing Summary: Precision Optics Corporation, Inc. is offering 1,272,500 shares of common stock at a price of $4.00 per share, amounting to expected net proceeds of approximately $5 million. The company plans to use the proceeds for debt repayment, working capital, and general corporate purposes. As of February 14, 2025, the last reported sale price of the company's stock was $4.91. The offering follows a shelf registration filed with the SEC, initially on June 7, 2024, and declared effective on June 14, 2024. The common stock is listed on The Nasdaq Capital Market under the symbol 'POCI'. Investors should be aware of the risks involved in investing in these securities and the immediate dilution effect on new investors. The offering's delivery is expected around February 21, 2025, subject to certain conditions.
Document Link: View Document
Additional details:
Shares Offered: 1272500
Offering Price: 4.00
Net Proceeds Estimate: 5 million
Use Of Proceeds: repay debt, working capital, general corporate purposes
Last Sale Price: 4.91
Outstanding Stock After Offering: 7637379
Market Value Non Affiliates: 25.6 million
Public Float Limit: 75 million
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