TUCSON, AZ – October 9, 2025 – Applied Energetics, Inc. (OTCQB:AERG), a pioneer in ultrashort pulse laser (USPL) and advanced directed energy solutions, announced today that it has closed a private placement of 5,995,674 shares of its common stock (or pre‑funded warrants in lieu thereof) to a group of existing accredited investors at a purchase price of $1.80 per share (or $1.799 per pre‑funded warrant).
The pre‑funded warrants are exercisable immediately upon issuance at a price of $0.001 per share and may not be exercised in any amount that would cause the holder to beneficially own 5% or more of the company’s common stock. The transaction raised $10.8 million in gross proceeds, providing the company with additional liquidity to support its ongoing development and commercialization efforts.
The capital infusion from this private placement strengthens Applied Energetics’ balance sheet and supports continued investment in its proprietary USPL technology, positioning the company to advance toward market readiness and potential future contract opportunities.
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