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SHAREHOLDERS EQUITY
 3 Months Ended
Aug. 29, 2025
SHAREHOLDERS EQUITY  
EQUITY

7. SHAREHOLDERS’ EQUITY

 

On October 15, 2024, the Board of Directors authorized management to execute a $100 million shelf registration, and a Registration Statement on Form S-3 was filed with the SEC. Additionally, a Prospectus Supplement for sales of $40 million of common stock pursuant to an ATM offering program was subsequently filed on October 29, 2024. No proceeds were raised from the ATM during fiscal 2025. The remaining amount of the ATM offering was $40 million as of August 29, 2025.