Precision Optics Corporation Announces $10M Public Stock Offering

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Precision Optics Corporation, Inc., a leading designer and manufacturer of advanced optical instruments, announced the pricing of its previously announced underwritten public offering of 2,777,777 shares of its common stock at a public offering price of $3.60 per share, before deducting underwriting discounts and commissions and offering expenses. The offering was oversubscribed and led by a mix of existing and new fundamental institutional investors, including participation from the company's directors, officers and executive management.

Why it matters

The successful public offering will provide Precision Optics with additional capital to fund working capital and general corporate purposes as the company continues to leverage its proprietary micro-optics, 3D imaging and digital imaging technologies to serve the healthcare and defense/aerospace industries.

The details

The offering was led by Lucid Capital Markets, which is acting as the sole book-running manager. The company has also granted the underwriter a 45-day option to purchase up to an additional 416,667 shares. The offering is expected to close on or about March 30, 2026, subject to customary closing conditions.

• The offering was announced on March 27, 2026.
• The offering is expected to close on or about March 30, 2026.

What’s next

The offering is expected to close on or about March 30, 2026, subject to customary closing conditions.