Akoustis Technologies, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Document And Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Accounting Policies, by Policy (Policies)
Notes Tables
Notes Details

Subsequent Events

Subsequent Events	9 Months Ended
Mar. 31, 2022
Subsequent Events [Abstract]
Subsequent Events	Note. 17. Subsequent Events RFMi Second Closing The Company previously announced its acquisition of a 51% ownership interest in RFMi. On April 29, 2022, the Company acquired the remaining 49% ownership interest in RFMi by exercising its option to do so under the acquisition agreement, for an additional $3.5 million in cash and 420,053 shares of the Company’s common stock with a fair value at closing of $1.9 million. ATM Sales Agreement On May 2, 2022 the Company entered into an ATM Sales Agreement with Oppenheimer & Co. Inc., Craig-Hallum Capital Group LLC and Roth Capital Partners, LLC pursuant to which the Company may sell from time to time shares of its common stock having an aggregate offering price of up to $50,000,000.

Subsequent Events

9 Months Ended

Mar. 31, 2022

Subsequent Events [Abstract]

Subsequent Events

Note. 17. Subsequent Events

RFMi Second Closing

The Company previously announced its acquisition of a 51% ownership interest in RFMi. On April 29, 2022, the Company acquired the remaining 49% ownership interest in RFMi by exercising its option to do so under the acquisition agreement, for an additional $3.5 million in cash and 420,053 shares of the Company’s common stock with a fair value at closing of $1.9 million.

ATM Sales Agreement

On May 2, 2022 the Company entered into an ATM Sales Agreement with Oppenheimer & Co. Inc., Craig-Hallum Capital Group LLC and Roth Capital Partners, LLC pursuant to which the Company may sell from time to time shares of its common stock having an aggregate offering price of up to $50,000,000.