Dyadic International Inc 美股招股说明书（2026-03-06版）

Up to $4,237,818Common Stock Dyadic International, Inc. (DYAI) has entered into an At the Market Sales Agreement dated March 6, 2026, with Craig-Hallum Capital Group LLC to sell up to $4,237,818 of its common stock. The shares will be offered under a shelf registration statement and sold through at-the-market offerings, block trades, and other permitted methods. The offering price is expected to be $0.76 per share, resulting in immediate dilution of $0.61 per share for existing shareholders. The company intends to use the net proceeds for general corporate purposes, including research and development, sales and marketing, working capital, and potential acquisitions. Dilution in net tangible book value per share is expected due to the offering. The offering will terminate upon the sale of all shares or termination of the agreement. The company reminds investors of the risks involved in investing in its securities, which are detailed in the Risk Factors section.