Aurelion shares surge 46.46% after-hours after announcing $500M at-the-market equity offering.

Aurelion Inc. surged 46.46% in after-hours trading following the announcement of an at-the-market equity offering agreement, allowing the company to sell up to $500 million of its Class A ordinary shares through designated sales agents. The program grants Aurelion flexibility to control sales parameters, including timing, volume, and pricing thresholds, while the agents—Cantor Fitzgerald, Yorkville Securities, Canaccord Genuity, and Cohen & Company—will facilitate the offerings under SEC-registered terms. The move is likely viewed as a strategic step to enhance liquidity and financial flexibility, potentially signaling confidence in the company’s tokenized gold and wealth management initiatives. Investors may have interpreted the capital-raising option as a positive development for operational expansion, despite the inherent dilution risks typically associated with ATM programs.