tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Aeluma Shareholders Reelect Directors and Confirm Auditors

Story Highlights
Aeluma Shareholders Reelect Directors and Confirm Auditors

Claim 50% Off TipRanks Premium

An update from Aeluma, Inc. ( (ALMU) ) is now available.

On January 15, 2026, Aeluma, Inc. held its 2025 Annual General Meeting of shareholders, where 9,892,101 shares of common stock, representing 55.4% of the voting power eligible to vote, were present in person or by proxy, establishing a quorum. At the meeting, shareholders re-elected Class I directors Steven P. DenBaars and John Paglia to three-year terms on the board of directors and approved the re-appointment of Rose, Snyder & Jacobs LLP as the company’s independent auditors for the fiscal year ending June 30, 2026, with authorization for the board to set their remuneration, reinforcing continuity in both governance and auditing oversight.

The most recent analyst rating on (ALMU) stock is a Buy with a $24.00 price target. To see the full list of analyst forecasts on Aeluma, Inc. stock, see the ALMU Stock Forecast page.

Spark’s Take on ALMU Stock

According to Spark, TipRanks’ AI Analyst, ALMU is a Neutral.

The score is driven primarily by mixed fundamentals: strong growth and low leverage are outweighed by large losses and ongoing cash burn. Technicals add support due to a strong uptrend, while valuation remains pressured by unprofitability. Recent corporate events are constructive, improving liquidity and growth runway.

To see Spark’s full report on ALMU stock, click here.

More about Aeluma, Inc.

Average Trading Volume: 347,470

Technical Sentiment Signal: Buy

Current Market Cap: $385.4M

Learn more about ALMU stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1