One Stop Systems Secures $12.5 Million to Fuel Growth Initiatives
OSS Boosts Funding for Future Growth
One Stop Systems, Inc. (NASDAQ: OSS), a frontrunner in rugged Enterprise Class computing solutions, has announced a significant step to secure funding. The company is currently in the process of selling 2,500,000 shares of common stock at a set price of $5.00 per share. This registered direct offering aims to raise an impressive $12.5 million in gross proceeds, paving the way for new ventures and opportunities.
Strategic Plans for Funding Utilization
The funds raised from this offering will primarily be allocated towards enhancing the company's growth strategies and providing the necessary working capital. OSS is focused on not just sustaining its growth but accelerating it, taking advantage of anticipated increased sales across its core market segments. The objective is clear: to bolster mergers and acquisitions and drive overall expansion, helping the firm solidify its standing in both domestic and international markets.
Who’s Behind the Offering?
A.G.P./Alliance Global Partners will serve as the lead placement agent, while Roth Capital Partners takes on the role of joint-placement agent for this offering. Their collaborative efforts are focused on navigating this capital-raising endeavor and ensuring its success.
The Importance of Compliance
This offering is conducted under a previously effective shelf registration statement. Official documentation is required during this process, which serves to protect both the company and its investors by providing transparent information on the proposed transaction.
Innovative Solutions at the Edge
As a pioneer in AI-powered solutions for rugged environments, OSS designs and manufactures state-of-the-art compute and storage products. These innovations are specifically crafted to support demanding applications that utilize AI, machine learning, and sensor processing—perfect for edge computing scenarios where reliability and performance are non-negotiable.
Product Offerings
OSS’s portfolio includes an array of specialized products, such as ruggedized servers, compute accelerators, and flash storage arrays that are compact and built to endure tough conditions. These tools find applications across various sectors including autonomous vehicles, aerospace, and defense industries—showcasing the versatility and reliability that OSS offers.
Leading the AI Revolution
OSS provides solutions that cover the entire spectrum of AI workflows, from rapid data acquisition to advanced deep learning capabilities. Their technological advancements have led to numerous industry firsts, making OSS a vital component in the infrastructure for many industrial OEMs and government entities.
A Commitment to The Future
While OSS is poised for expansion, they remain committed to innovation, emphasizing the need to adapt and evolve within the rapidly changing landscape of technology. The recent capital influx will support research and development, ensuring OSS continues to meet the high standards demanded by their clients.
Frequently Asked Questions
What is the purpose of the $12.5 million raised by OSS?
The funds will be used to advance growth strategies, support working capital, and pursue mergers and acquisitions.
Who are the placement agents for OSS's offering?
A.G.P./Alliance Global Partners is the lead placement agent, with Roth Capital Partners serving as the joint-placement agent.
What products does One Stop Systems manufacture?
OSS creates ruggedized servers, compute accelerators, and flash storage arrays designed for high-performance applications in challenging environments.
How does OSS contribute to AI development?
OSS’s products facilitate AI processing and sensor integration, supporting numerous applications including autonomous vehicles and defense systems.
When is the closing date for the offering?
The closing of the offering is expected to occur shortly after the announcement, contingent upon the fulfillment of customary closing conditions.
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