KULR Technology Group announced it has extended the pause of its at-the-market (ATM) equity offering program through September 30, 2026, as part of a non-dilutive growth strategy. The company stated it does not intend to issue equity at current levels and may instead sell its Bitcoin holdings to fund operations and key growth initiatives.

Key Details

  • Event: Extended the pause of its at-the-market (ATM) equity offering program with Cantor Fitzgerald and Craig-Hallum.
  • Timeline: The pause is effective through September 30, 2026.
  • Funding Strategy: The company will prioritize non-dilutive funding sources, including the potential sale of its Bitcoin holdings, to support planned operations and growth instead of issuing new stock.
  • Growth Priorities: Funding will be directed towards scaling its KULR ONE battery solutions for space, ramping up production for military and commercial drones, and developing backup solutions for AI data centers.