Recently, a document submitted to the U.S. SEC revealed the latest financing trends of KULR. The company has revised its prospectus, reducing the fundraising cap of its "ATM" (At-the-Market) program from the original $300 million to $150 million.

In this financing activity, Cantor and Craig-Hallum acted as sales agents. So far, KULR has successfully sold 3,936,578 shares of stock under this agreement, raising a total of $22,997,761.

KULR's common stock is listed on the NYSE American under the ticker "KULR". As of the close on September 29, its stock price was $4.22 per share.

It is worth noting that KULR will pay a commission of up to 3% to sales agents. According to the provision of the U.S. Securities Law Rule 415(a)(4), such sales are classified as "at the market offering".

The adjustment of this financing scale reflects KULR's cautious attitude towards the current market environment, possibly to better balance the company's development needs with the market's capacity. For investors, this is also a signal worth paying attention to, which may indicate potential changes in the company's efficiency in using funds and its future development strategy.