Actuate Therapeutics Inc plans to sell 50,000,000 shares of its common stock at an assumed public offering price of $0.819 per share.

The proposed transaction is detailed in a recent filing with the U.S. Securities and Exchange Commission (SEC). The company has not yet finalized the exact terms or the net proceeds expected from the offering.

Offering details

The key parameters of the planned share sale are outlined below:

The filing indicates that the price is an assumption for the purpose of the disclosure and may be subject to change prior to the final pricing of the offering.

Actuate, a Colorado-based cleantech company, has been named a 2026 Colorado Companies to Watch winner for bringing predictive building intelligence to operators of small and mid-sized commercial buildings. The award honors the firm for targeting the roughly 80% of commercial buildings that lack building management systems and have never had access to this kind of operational intelligence. This recognition underscores the growing importance of energy efficiency and predictive maintenance in the commercial real estate sector.

The company's Act Hub platform combines IoT sensors and controls with AI-driven analytics to monitor, diagnose, and control HVAC, refrigeration, and lighting across distributed portfolios in real time. By shifting facilities teams from reactive, emergency-driven repairs to predictive operations, the platform aims to provide small and mid-sized building operators with the same operational intelligence long available to large enterprises.

Actuate clients report significant operational improvements, including 10–30% lower energy costs and 20–30% lower maintenance costs. The platform also delivers 40–60% fewer emergency service calls and 50% less downtime. These metrics highlight the financial and operational impact of deploying predictive building intelligence in underserved markets.

Key Performance Metrics

Strategic Expansion

In 2026, Actuate is scaling sales and marketing efforts while expanding into convenience stores, retail, and automotive dealerships. The company is also incorporating agentic AI into the Act Hub platform to move toward increasingly autonomous building control. This expansion strategy builds on the founders' more than 50 years of combined experience in building data, energy efficiency, and commercial deployment.

Tom Fitzpatrick, Co-Founder and Chief Revenue Officer, emphasized the significance of the award and the company's mission. "This recognition means a lot to us," Fitzpatrick said. "Colorado built an ecosystem for companies doing something genuinely new, and we're proud to build here. Our team shows up every day to make the people running these buildings better at their jobs."

Allison Fitzpatrick, Co-Founder and CEO, highlighted the market opportunity that drove the company's inception. "We started Actuate because we saw an enormous, underserved market and a real chance to fix it," she said. "This award reflects the operators who trust us and the team relentlessly focused on solving their problem."