Cemtrex Plunges 54.08% on Public Offering Announcement

On May 28, 2025, Cemtrex's stock experienced a significant drop of 54.08% in pre-market trading, marking a dramatic shift in investor sentiment towards the company.

Cemtrex, Inc. has recently announced the launch of a proposed public offering of Common Stock and pre-funded warrants. The company intends to use the net proceeds from this offering for general corporate purposes, including paying down indebtedness and addressing working capital needs. This strategic move is aimed at boosting growth and enhancing shareholder value while targeting corporate needs and debt reduction.

Additionally, Cemtrex's Advanced Infrastructure Solutions (AIS) division has secured a $1.84 million contract from the City of Lancaster. This contract involves upgrading critical infrastructure at the city's Advanced Wastewater Treatment Plant, highlighting the company's capabilities in providing advanced security technology and industrial services.