Amtech Systems Announces Proposed Public Offering

Amtech Systems Inc. has announced it plans to offer an aggregate of approximately $34 million of its common stock in an underwritten, registered public offering.

In a press statement, the company said it plans to file a registration statement relating to the common stock with the Securities and Exchange Commission within the next week. Amtech intends to use the proceeds from the offering for working capital and general corporate purposes.

Amtech, headquartered in Tempe, Ariz., manufactures capital equipment, including silicon wafer handling automation, thermal semiconductor processing equipment and related consumables used in fabricating semiconductor devices and solar cells.

LEAVE A REPLY

Please enter your comment!
Please enter your name here