M&A - KULR Technology Group, Inc.

Form Type: 8-K

Filing Date: 2025-05-20

Corporate Action: Acquisition

Type: New

Accession Number: 000110465925050769

Filing Summary: On May 20, 2025, KULR Technology Group, Inc. announced that it acquired additional bitcoin valued at approximately $9 million, with a weighted average price of $103,234 per bitcoin, including fees and expenses. This acquisition reflected a purchase of about 83.33 additional bitcoin. The Company's year-to-date BTC Yield, a key performance indicator, was reported at 220.2%. KULR utilizes BTC Yield to gauge the performance of its bitcoin acquisition strategy, asserting that it benefits stockholders. However, the KPI's limitations and the conditional aspects of its calculation were acknowledged, emphasizing that BTC Yield does not equate to traditional yield measures or guarantee future stock performance. KULR's recent financial activities, including issuing shares to fund bitcoin acquisitions, may affect the trading price of its common stock, which could fluctuate based on various factors aside from bitcoin holdings. KULR noted that historical dividends have not been paid and there are no implications regarding future dividend intentions.

Form Type: 8-K

Filing Date: 2025-05-06

Corporate Action: Acquisition

Type: New

Accession Number: 000110465925045044

Filing Summary: On May 6, 2025, KULR Technology Group, Inc. announced a conference call scheduled for May 15, 2025, to discuss the financial results for the first quarter ended March 31, 2025. A press release regarding these financial results will be issued prior to the call. Additionally, the Company disclosed the completion of aggregate acquisitions totaling approximately $4 million in bitcoin at a weighted average price of $94,261 per bitcoin, amounting to approximately 47.8 additional bitcoins. The press release is attached as Exhibit 99.1, and the Company reiterates its commitment to utilizing various platforms for public disclosures.

Form Type: 8-K

Filing Date: 2025-03-13

Corporate Action: Acquisition

Type: New

Accession Number: 000110465925023247

Filing Summary: On March 13, 2025, KULR Technology Group, Inc. announced that a prominent private U.S. space company has acquired its NASA-certified M35A battery cells for integration into their spaceflight programs. This acquisition highlights the continued utilization of KULR's advanced technologies in significant aerospace applications. A press release regarding this acquisition was attached to the filing as Exhibit 99.1. The document clarifies that this information is being disclosed in accordance with Regulation FD and does not constitute an admission of materiality under the Securities Exchange Act.