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Lightwave Logic Prices $35 Million Stock Offering to Double Cash Reserves for AI Expansion
Englewood, Tuesday, 16 December 2025.
On December 15, 2025, Lightwave Logic (NASDAQ: LWLG) priced a $35 million underwritten public offering, a pivotal financial maneuver projected to double its cash position to approximately $70 million. This substantial liquidity injection is strategically earmarked to accelerate the commercialization of electro-optic polymers, a key technology for enhancing speed and power efficiency in generative AI data centers. While the immediate market reaction reflects typical volatility associated with equity dilution—with shares trading around $3.26—the long-term play focuses on expanding U.S. manufacturing capacity and securing design-ins. By terminating its previous equity line of credit in favor of this offering, management signals a commitment to a robust balance sheet capable of supporting aggressive scaling and potential M&A activity in the rapidly evolving photonics sector.