According to a U.S. Securities and Exchange Commission (SEC) filing, KULR lowered the maximum amount raised in its "controlled equity offering" (ATM) from $300 million to $150 million through a supplemental prospectus. Cantor and Craig-Hallum were appointed as sales agents. The company sold 3,936,578 shares pursuant to the agreement, raising a total of $22,997,761. The common stock trades on the NYSE American under the symbol "KULR," with a closing price of $4.22 per share on September 29. The company will pay a commission of up to 3% to the sales agent, and such sales are considered "at the market offerings" under Rule 415(a)(4) of the Securities Act.