The company entered into a securities purchase agreement to issue 5,223,879 shares of common stock at $3.35 per share. Total gross proceeds from the private placement are approximately $17.5 million. The transaction is expected to close on or about May 27, 2026. Proceeds are earmarked for operational expansion, infrastructure development, and advancement of the STARLAUNCH platform. Cantor Fitzgerald & Co. acted as the exclusive placement agent for the transaction.