IPO - PRECISION OPTICS CORPORATION, INC.

Back to List of IPO Filings

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


Comments

No comments yet. Be the first to comment!