Alto Ingredients Enters $50M At-The-Market Equity Offering Agreement

What Happened

• Alto Ingredients, Inc. announced on August 5, 2026 that it entered into an At-The-Market (ATM) Issuance Sales Agreement with Craig‑Hallum Capital Group LLC (designated agent), The Benchmark Company, LLC and H.C. Wainwright & Co., LLC.
• Under the agreement the company may sell up to $50.0 million aggregate offering price of its common stock (par value $0.001) from time to time, pursuant to its effective Form S‑3 shelf registration (No. 333-295723, declared effective May 22, 2026) and a prospectus supplement filed August 5, 2026.

Key Details

• Offering size: up to $50.0 million in aggregate offering price of common stock.
• Agents/fees: Craig‑Hallum (designated agent) with The Benchmark Company and H.C. Wainwright as agents; commission equals 3.0% of gross proceeds and the company will reimburse certain agent expenses.
• Timing and mechanics: sales may occur “at the market” under Rule 415 and only as the company elects; Alto is not obligated to sell any shares and may limit price, time or size parameters.
• Registration: shares will be issued under the company’s effective Form S‑3 registration statement.

Why It Matters

• This ATM gives Alto a flexible way to raise up to $50 million of equity capital over time for general corporate purposes (including working capital and capital expenditures) without a single large dilutive offering. Investors should note there is no guarantee the company will sell shares, and any sales would dilute existing shareholders and depend on market conditions and the company’s funding needs.