ASTC ASTROTECH Corp
Price Chart
Executive Summary
Astrotech Corp filed a 424B5 prospectus supplement for an at-the-market (ATM) offering of up to $24,492,819 in common stock through H.C. Wainwright & Co., with a 3.0% commission. The offering is taken from a $30M shelf registration (S-3) filed in January 2026. At the current stock price of $42.50 (June 2, 2026), this represents potential dilution of up to ~30% of the ~1.8M shares outstanding, with new investors facing immediate dilution of $30.76 per share based on an assumed price of $45.50.
Actionable Insight
The ATM facility allows Astrotech to sell shares into market strength, creating persistent overhang. Monitor daily volume and price action for signs of accelerated selling. The company's small public float ($73.5M) means even modest daily ATM sales could pressure the stock. No earnings or operational catalysts in this filing to offset dilution.
Key Facts
- ATM offering of up to $24,492,819 in common stock via H.C. Wainwright & Co.
- Commission of 3.0% of gross sales price per share.
- Stock closed at $42.50 on June 2, 2026; public float ~$73.5M.
- Pro forma dilution: new investors face $30.76 per share dilution at assumed $45.50 price.
- Proceeds for general corporate purposes; broad discretion over use.
- Shelf registration (S-3) filed Jan 28, 2026, declared effective Jan 30, 2026.
Financial Impact
Up to $24.5M in gross proceeds; potential ~30% dilution of outstanding shares at current price.
Risk Factors
- Significant dilution to existing shareholders (up to ~30% of outstanding shares).
- ATM sales can be executed at any time, creating continuous selling pressure.
- No minimum offering amount; actual dilution depends on market conditions.
- Proceeds used for general corporate purposes with no specific value-creating plan disclosed.
Market Snapshot
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 424B5 Filing (ASTC) — Batch item 1 | 0001437749-26-019249 |
| Document: 0001437749-26-019249-index-headers.html | 0001437749-26-019250 |
| Document: 0001437749-26-019249-index.html | 0001437749-26-019249 |
| Document: 0001437749-26-019249.txt | 0001437749-26-019249 |
| 8-K Filing (ASTC) — Batch item 5 | 0001437749-26-019250 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 3, 2026
9d ago
|
424B5 / 8-K
| $40.30 $38.45 | ▲ +4.59% | ▲ +4.99% | $19.01 (+52.83%) |
|
May 27, 2026
16d ago
|
Press Release
| $13.81 $29.43 | ▲ +113.11% | ▲ +112.55% | $19.01 (+37.65%) |
|
May 21, 2026
22d ago
|
Press Release
| $2.39 $2.28 | ▼ −4.60% | ▼ −5.05% | $19.01 (+695.40%) |
|
May 13, 2026
4w ago
|
8-K
| $2.69 $2.61 | ▲ +2.97% | ▲ +3.75% | $19.01 (−606.69%) |
|
May 13, 2026
4w ago
|
Press Release
| $2.69 $2.61 | ▲ +2.97% | ▲ +3.75% | $19.01 (−606.69%) |
US Market Status
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