Palantir launches Chain Reaction AI infrastructure platform with CenterPoint and NVIDIA
ESCONDIDO, Calif. - One Stop Systems, Inc. (Nasdaq:OSS) announced Wednesday the closing of its registered direct offering that raised approximately $12.5 million in gross proceeds through the sale of 2,500,000 shares of common stock at $5.00 per share. The offering comes amid strong market performance, with the stock delivering an impressive 138% return over the past year and 130% over the last six months, according to InvestingPro data.
The company, which specializes in rugged enterprise-class compute systems for AI and sensor processing at the edge, plans to use the net proceeds to advance its growth strategy, support increasing sales within its core segment, and pursue business acceleration opportunities including potential mergers and acquisitions both domestically and internationally. The company maintains a healthy balance sheet with a current ratio of 3.51 and operates with moderate debt levels, positioning it well for these expansion plans.
"This offering provides the capital to support our current and future sales growth, while also strengthening our balance sheet," said Mike Knowles, OSS President and CEO, according to the company's press release.
A.G.P./Alliance Global Partners served as the lead placement agent for the offering, with Roth Capital Partners acting as joint-placement agent.
The securities were offered through an effective shelf registration statement on Form S-3 that was previously declared effective by the Securities and Exchange Commission on August 25, 2023.
One Stop Systems develops hardware and software platforms that bring data center technology to harsh environments across multiple industries, including autonomous trucking and farming, as well as defense applications in aircraft, drones, ships, and vehicles.
The transaction comes as the company reports entering the second half of the year with strong momentum, according to the announcement. While analysts have set price targets ranging from $7 to $9, suggesting potential upside, detailed analysis including growth prospects and valuation metrics are available through InvestingPro's comprehensive research reports, which cover over 1,400 US stocks including OSS.
In other recent news, One Stop Systems reported its second-quarter 2025 financial results, showing a revenue beat with earnings of $14.1 million, surpassing the expected $13.42 million. However, the company reported a larger-than-expected loss per share of $0.07, compared to the forecasted negative $0.04. Additionally, One Stop Systems secured approximately $12.5 million through a registered direct offering of 2,500,000 shares priced at $5.00 each. This offering involved new and existing institutional investors, with A.G.P./Alliance Global Partners and Roth Capital Partners acting as placement agents.
In another development, One Stop Systems entered into a Product Supply Agreement with Maris-Tech to expand its presence in the U.S. defense market. Under this agreement, One Stop Systems will support and promote Maris-Tech's video and AI-based edge computing solutions to defense customers in the United States. These recent developments highlight the company's strategic moves in financial and market expansion efforts.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
