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Lake Street Serves as co-managing underwriter for Akoustis Technologies, Inc. (NasdaqCM:AKTS) in its underwritten public offering of 7,250,000 shares of common stock and $10 million of 6.5% convertible senior notes due 2023.

October 19, 2018

Lake Street is pleased to announce it served as a co-managing underwriter for Akoustis Technologies, Inc. (NASDAQ: AKTS) in its public offering of 7,250,000 shares of common stock at an offering price of $4.25 per share and $10 million aggregate principal amount of its 6.5% Convertible Senior Notes due 2023.

About Akoustis Technologies, Inc.

Akoustis® is a high-tech BAW RF filter solutions company that is pioneering next-generation materials science and microelectromechanical systems (“MEMS”) wafer manufacturing to address the market requirements for improved RF filters - targeting higher bandwidth, higher operating frequencies and higher output power compared to incumbent polycrystalline BAW technology deployed today. The Company utilizes its proprietary XBAW manufacturing process to produce BAW RF filters for mobile and other wireless markets, which facilitate signal acquisition and accelerate band performance between the antenna and digital back end. Superior performance is driven by the significant advances of high-purity, single-crystal and associated piezoelectric materials and the resonator-filter process technology which drives electro-mechanical coupling and translates to wide filter bandwidth.

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