What is the net amount of capital Comstock will receive after underwriting discounts, commissions, and other offering expenses?

The press release states that the gross proceeds from the offering are expected to be about $30 million. Because the filing explicitly notes that this figure is “before deducting underwriting discounts and commissions and other offering expenses,” the net cash that will actually be received by Comstock will be lower than $30 million. The release does not disclose the size of those deductions, so the precise net amount cannot be calculated from the information provided; it can only be said that the company will receive some amount less than $30 million after underwriting and related expenses are taken out.

From a trading perspective, the fact that the company is raising capital to fund its solar‑panel recycling facilities is a positive fundamental catalyst, but investors should keep in mind that the actual cash on hand will be reduced by the customary underwriting fees (typically in the low‑single‑digit‑percent range). Until the final net‑proceeds figure is disclosed in the definitive underwriting agreement or the SEC filing, the market will price the stock based on the gross estimate, with a modest discount factored in for the expected offering costs. In short, $30 million is the gross figure; the net amount will be somewhat lower, though the exact number is not specified in the release.