KULR lowers ATM fundraising target to $150 million

KULR lowered the maximum proceeds from its controlled interest offering (ATM) from $300 million to $150 million through a prospectus supplement. The company sold 3,936,578 shares under the agreement, raising $22,997,761 in gross proceeds. KULR's common stock, traded on the NYSE American under the symbol "KULR," closed at $4.22 per share on September 29.