AXT Sets Price for $87,000,000 Public Sale of Common Stock
Fremont, California, December 29, 2025—AXT, Inc. (NasdaqGS: AXTI), a key player in manufacturing compound semiconductor wafer substrates, announced a public offering of 7,098,492 shares of its common stock at a price of $12.25 each. The company expects to net around $87 million from this offering, although this figure won’t include underwriting discounts and related costs. […]