Magnachip Establishes $50 Million 'At-The-Market' Equity Offering Program

Magnachip Semiconductor Corporation has entered into an "At Market Issuance Sales Agreement" with B. Riley Securities, Inc. to establish an at-the-market (ATM) equity program. This agreement allows Magnachip to offer and sell shares of its common stock, from time to time, with an aggregate offering price of up to $50 million.

Key Details

• Agreement: At Market Issuance Sales Agreement with B. Riley Securities, Inc. as the sales agent, dated June 17, 2026.
• Offering Size: Up to $50,000,000 in aggregate offering price of the company's common stock.
• Use of Proceeds: Intended for general corporate purposes, including potential investments in strategic growth initiatives and technologies supporting AI data centers and robotics.
• Structure: The company is not obligated to sell any shares and can determine the timing, price, and number of shares to be sold at its discretion.