ADMT•ADM Tronics raised approximately $1.55 million in two private placement closings toward an expected $5 million offering. Shares were priced at $0.10 each, with warrants equal to 50% of the shares purchased.
ADM Tronics closed a $1.3 million private placement of common stock on October 27, 2026, followed by a $250,000 closing on October 28 on the same terms. The shares were priced at $0.10 each, and purchasers received warrants to buy common stock equal to 50% of the shares purchased. The company said proceeds will fund working capital, transaction costs and development of new deep technology businesses.
