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KULR Technology Decides To Halt At-The-Market Equity Offering Program With Cantor Fitzgerald, Craig-Hallum Through June 30

Benzinga·12/22/2025 13:32:24
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KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), an energy-systems platform company that enables the safe, certifiable deployment of ultra-high-power lithium battery systems for space and defense programs, hyperscale AI data centers, and telecom infrastructure OEMs, today announced that it has elected to pause its at-the-market ("ATM") equity offering program with Cantor Fitzgerald and Craig-Hallum through June 30, 2026.

The Company maintains a strong balance sheet, carries no debt, and has sufficient liquidity to support planned operations and growth initiatives. During this period, KULR intends to prioritize execution across its core platforms, including ramping production of its KULR ONE Air products and advancing the development of its KULR ONE MAX battery backup solutions for AI data center and telecommunications applications.