Aehr test systems announces completion of $25 million atm offering

Fremont, calif., oct. 07, 2021 (globe newswire) --  aehr test systems (nasdaq: aehr), a worldwide supplier of semiconductor test and reliability qualification equipment, today announced that it successfully completed its previously announced $25 million “at-the-market” (“atm”) offering. a total of 1.7 million shares were sold at an average sales price of $14.73 per share. the gross proceeds to the company were $25.0 million before commission fees and offering expenses. the estimated net proceeds to the company after commission, fees, and estimated offering expenses were $24.0 million.
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