{"filings":[{"id":833611,"accession_number":"0001193125-26-255411","cik":1887944,"company_name":"Shimmick Corp","ticker":"SHIM","form_type":"8-K","filed_at":"2026-06-03T20:05:16+00:00","items":["5.07"],"status":"ready","headline":"Shimmick stockholders elect all five director nominees, ratify Deloitte & Touche as auditor","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Mitchell Goldsteen, Joseph Del Guercio, Geoffrey Heekin, Peter Kravitz, Ural Yal elected with >22M votes each.","Deloitte & Touche LLP ratified as independent auditor for fiscal year ending Jan 1, 2027 with 25.37M for, 0.17M against.","Broker non-votes on director election: 1,996,359 shares not voted.","All proposals passed with majority support; no shareholder dissent noted."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":132841902.74651812,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":668357,"accession_number":"0001193125-26-239410","cik":1887944,"company_name":"Shimmick Corp","ticker":"SHIM","form_type":"8-K","filed_at":"2026-05-26T20:27:17+00:00","items":["1.01","9.01"],"status":"ready","headline":"Shimmick Corp raises $14M in underwritten public offering of 4.29M shares at $3.50/share","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Entered Underwriting Agreement with Roth Capital Partners on May 22, 2026.","Offer comprised 3,730,000 shares plus 559,500 option shares fully exercised.","Total of 4,289,500 shares sold at $3.50 per share.","Net proceeds to company approximately $14.0 million after discounts and expenses.","Offering closed on May 26, 2026 under shelf registration statement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":132841902.74651812,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":442683,"accession_number":"0001193125-26-224012","cik":1887944,"company_name":"Shimmick Corp","ticker":"SHIM","form_type":"8-K","filed_at":"2026-05-14T20:09:22+00:00","items":["2.02","9.01"],"status":"ready","headline":"Shimmick Q1 revenue $88M, net loss narrows to $4M, backlog hits $944M, reaffirms FY guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q1 revenue $88M (down from $122M YoY); net loss $4M vs $10M loss YoY; adjusted EBITDA $3M vs -$3M YoY","Backlog $944M (highest since Q1 2024); book-to-burn ratio 2.6x; $289M in new awards in Q1","Reaffirms FY2026 revenue guidance $550-$600M (12-22% growth) and adjusted EBITDA $15-$30M (350% growth at midpoint)","Appointed Sarah Tacker as COO to reinforce disciplined execution during growth phase"],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":132841902.74651812,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":96551,"accession_number":"0001193125-26-183757","cik":1887944,"company_name":"Shimmick Corp","ticker":"SHIM","form_type":"8-K","filed_at":"2026-04-28T23:59:59+00:00","items":["5.02","8.01","9.01"],"status":"ready","headline":"Shimmick appoints Sarah Tacker as EVP and COO effective April 28, 2026","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Sarah Tacker named Executive Vice President and Chief Operating Officer, effective April 28, 2026.","Ms. Tacker brings 27 years of experience, most recently as VP, District Manager at FlatironDragados.","Compensation: $500K base salary, 50% target bonus, $150K sign-on RSUs, $500K annual RSUs.","She will oversee operations, strengthen execution, and report to CEO Ural Yal."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":132841902.74651812,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":110556,"accession_number":"0001193125-26-132130","cik":1887944,"company_name":"Shimmick Corp","ticker":"SHIM","form_type":"8-K","filed_at":"2026-03-31T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Shimmick board member and former CEO Steven Richards to retire at 2026 annual meeting","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Steven Richards notified board of retirement effective at end of his term at the 2026 annual meeting.","Richards served as CEO from March 2020 through December 2024 and guided the November 2023 IPO.","Board size expected to be reduced from six to five members following his departure.","He had been with the company for 45 years, including roles as CEO and director."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":132841902.74651812,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":110555,"accession_number":"0001193125-26-104137","cik":1887944,"company_name":"Shimmick Corp","ticker":"SHIM","form_type":"8-K","filed_at":"2026-03-12T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Shimmick Q4 net loss narrows to $3M; guides FY2026 revenue $550-600M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 2025 revenue $100M ($84M from Shimmick Projects, up 4% YoY); FY2025 revenue $493M.","Adjusted EBITDA $4M in Q4, second consecutive positive quarter; FY2025 adjusted EBITDA $5M vs -$61M prior year.","Gross margin improved to $10M in Q4 from -$21M prior year; Shimmick Projects margin rose 462% YoY.","Backlog $793M as of Jan 2, 2026; Q4 book-to-burn 1.4x; $139M new awards in Q4, $128M added by Feb 2026.","FY2026 guidance: revenue $550-600M (17% midpoint growth), adj. EBITDA $15-30M (350% midpoint growth)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":132841902.74651812,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":127168,"accession_number":"0001193125-25-280160","cik":1887944,"company_name":"Shimmick Corp","ticker":"SHIM","form_type":"8-K","filed_at":"2025-11-13T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Shimmick Q3 2025 revenue $142M, Adj. EBITDA $4M (first positive in 4 qtrs), backlog up 15% QoQ","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $142M; Shimmick Projects revenue $107M (+6% YoY); net loss $4M ($0.12 diluted loss per share).","Adjusted EBITDA $4M (first positive quarter in four) vs $30M in Q3 2024 (which included $17M gain on sale and $11M settlement).","Backlog $754M, up 15% QoQ; book-to-burn ratio 1.7x; $190M in new awards in Q3 2025.","FY2025 guidance reaffirmed: Shimmick Projects revenue $405-415M, consolidated Adj. EBITDA $5-15M; expects revenue at higher end, EBITDA at lower end.","Non-Core revenue $35M vs $65M in Q3 2024 due to prior-year one-time settlement; gross margin improved on Shimmick Projects to 9%."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.65,"consensus_revenue_estimate":null,"consensus_revenue_actual":392432000.0,"consensus_period":"2026-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":132841902.74651812,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":143959,"accession_number":"0000950170-25-113548","cik":1887944,"company_name":"Shimmick Corp","ticker":"SHIM","form_type":"8-K","filed_at":"2025-09-08T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Shimmick enters $7.8M at-the-market stock offering with Roth Capital Partners","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Authorized sale of up to $7,800,000 of common stock through Roth Capital as sales agent under ATM agreement dated September 8, 2025.","Sales will be made at market prices; Roth receives 3% commission on gross proceeds and capped $50,000 in legal fee reimbursement.","Offering registered under shelf registration statement (File No. 333-288513) declared effective July 10, 2025; prospectus supplement filed same day.","Company may suspend sales at any time and is not obligated to sell any shares; no assurance of completion.","Agreement includes standard representations, indemnification, and termination provisions; proceeds intended for general corporate purposes (not specified)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":132841902.74651812,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":143958,"accession_number":"0000950170-25-108861","cik":1887944,"company_name":"Shimmick Corp","ticker":"SHIM","form_type":"8-K","filed_at":"2025-08-14T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Shimmick Q2 revenue up 42% to $128M; net loss narrows; lowers FY Adjusted EBITDA guidance to $5-15M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $128M (+42% YoY); gross margin $8M vs -$31M prior year.","Net loss $8M ($0.25 loss per share) vs $51M loss prior year; adjusted net loss $5M.","Shimmick Projects gross margin 13% vs 5% prior year; Non-Core Projects gross margin -43%.","Backlog $652M, 88% Shimmick Projects; new awards include $70M in July and $164M preferred bidder.","FY guidance: Shimmick Projects revenue $405-415M (up), Non-Core $80-90M (up), Adjusted EBITDA $5-15M (down)."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.53,"consensus_revenue_estimate":null,"consensus_revenue_actual":250512000.0,"consensus_period":"2026-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":132841902.74651812,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":162240,"accession_number":"0000950170-25-082316","cik":1887944,"company_name":"Shimmick Corp","ticker":"SHIM","form_type":"8-K","filed_at":"2025-06-05T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Shimmick stockholders elect six directors and ratify Deloitte as auditor","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Elected directors: Mitchell Goldsteen, Joseph Del Guercio, Geoffrey Heekin, Peter Kravitz, Steven Richards, Ural Yal.","Goldsteen received 22,211,589 votes for, 312,775 against, 11,520 abstain.","Del Guercio received 22,367,972 votes for, 156,392 against, 11,520 abstain.","Heekin received 22,222,780 for, 301,584 against; Kravitz 22,367,981 for, 156,383 against; Richards 22,215,560 for, 308,804 against.","Ratification of Deloitte & Touche as independent auditor for FY ending Jan 2, 2026 passed with 24,146,388 for, 46,599 against, 946 abstain."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":132841902.74651812,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":162239,"accession_number":"0000950170-25-071379","cik":1887944,"company_name":"Shimmick Corp","ticker":"SHIM","form_type":"8-K","filed_at":"2025-05-14T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Shimmick Q1 net loss improves to $10M from $33M; revenue $122M; reaffirms FY 2025 guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue of $122M (+2% YoY); Shimmick Projects revenue $93M, Legacy/Foundations $29M.","Gross margin improved to $5M (-$16M Q1 2024) driven by $6M Shimmick Projects improvement and no repeat of $14M legacy cost overruns.","Net loss $10M vs $33M YoY; Adjusted EBITDA -$3M vs -$24M; adjusted EPS -$0.22 vs -$1.15.","Backlog ~$740M with over 87% Shimmick Projects; new awards and extensions pending.","FY 2025 guidance: Shimmick Projects revenue +10-15%, overall gross margin 9-12%, Adj. EBITDA $15-25M."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.28,"consensus_revenue_estimate":null,"consensus_revenue_actual":122110000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":132841902.74651812,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":162238,"accession_number":"0000950170-25-051806","cik":1887944,"company_name":"Shimmick Corp","ticker":"SHIM","form_type":"8-K","filed_at":"2025-04-08T23:59:59+00:00","items":["5.02","8.01","9.01"],"status":"ready","headline":"Shimmick appoints Todd Yoder as CFO effective April 14; Mobley becomes CAO","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Todd Yoder named EVP, CFO and Treasurer, effective April 14, 2025.","Amanda Mobley steps down as interim CFO, appointed Chief Accounting Officer.","Yoder previously CFO at S&B USA and held senior finance roles at Fluor Corp.","Annual base salary $450,000, target bonus 90% of base, plus $125,000 cash sign-on.","Equity sign-on of $100,000 in RSUs and annual grant of $250,000 in RSUs."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":132841902.74651812,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":162237,"accession_number":"0000950170-25-050877","cik":1887944,"company_name":"Shimmick Corp","ticker":"SHIM","form_type":"8-K","filed_at":"2025-04-04T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Shimmick enters $15M loan agreement at 12.5% with Ansley Park Capital affiliate","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Borrowing capacity of $15M via two promissory notes maturing April 1, 2031.","Interest rate 12.50% per annum; default rate increases by 2%.","Proceeds to be used for project expenses and general corporate purposes.","Loan secured by equipment and related assets; guaranteed by Shimmick and Shimmick Construction Co."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":132841902.74651812,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":180255,"accession_number":"0000950170-25-038729","cik":1887944,"company_name":"Shimmick Corp","ticker":"SHIM","form_type":"8-K","filed_at":"2025-03-13T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Shimmick Q4 net loss widens to $38M; FY2025 Adj EBITDA guided $15-25M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $104M (down 25% YoY); net loss $38M vs $17M loss a year ago; Adjusted EBITDA -$27M.","FY2024 revenue $480M (down 24%); net loss $125M; backlog $822M with 87% Shimmick Projects.","Legacy Projects gross margin -69% in Q4 (vs -17% prior year); Foundations -189%.","FY2025 guidance: Shimmick Projects rev +10-15% with gross margin 9-12%; Adj EBITDA $15-25M.","New $15M credit facility replaces MidCap revolver; liquidity $100M as of Jan 3, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":132841902.74651812,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":197055,"accession_number":"0000950170-24-130610","cik":1887944,"company_name":"Shimmick Corp","ticker":"SHIM","form_type":"8-K","filed_at":"2024-11-25T23:59:59+00:00","items":["3.01"],"status":"ready","headline":"Shimmick approved to transfer stock listing from Nasdaq Global to Capital Market","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Received Nasdaq approval on Nov 25, 2024; trading on Capital Market begins Nov 27, 2024.","Stock symbol remains \"SHIM\"; company expects no material impact on trading.","Transfer is voluntary from Global Market to Capital Market, a lower-tier Nasdaq market.","No change in stock or trading continuity; still listed on Nasdaq."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":132841902.74651812,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":197054,"accession_number":"0000950170-24-127995","cik":1887944,"company_name":"Shimmick Corp","ticker":"SHIM","form_type":"8-K","filed_at":"2024-11-18T23:59:59+00:00","items":["5.02","8.01","9.01"],"status":"ready","headline":"Shimmick names Ural Yal as new CEO; Steve Richards retires after 43-year career","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Ural Yal appointed CEO and Board member effective December 2, 2024; Steve Richards to retire.","Yal receives $800k base salary, target bonus 120% of base, sign-on RSUs $400k, annual RSU grant $600k.","Richards to serve as Emeritus CEO through 2025 annual meeting with $500k base salary and continued equity vesting.","Richards' retirement is not due to any disagreement with the company on operations or policies.","Press release highlights recent claim settlements and streamlined strategy as foundation for growth."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":132841902.74651812,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":197053,"accession_number":"0000950170-24-124590","cik":1887944,"company_name":"Shimmick Corp","ticker":"SHIM","form_type":"8-K","filed_at":"2024-11-12T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Shimmick Q3 revenue $166M, net loss $2M; GGB settlement $97M; Ural Yal named CEO","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $166M, down from $175M YoY; Shimmick Project revenue $101M with 6% gross margin.","Net loss $2M ($0.05 diluted loss) vs net income $35M in prior year; adjusted net income $24M ($0.72 adjusted EPS).","Golden Gate Bridge project settlement will bring $97M cash before end of 2024; substantial completion expected Q3 2025.","Ural Yal hired as CEO, starting Dec 2, 2024; Steve Richards retiring after 43-year career.","FY 2024 guidance: Shimmick Projects gross margin 4-7% (flat revenue); Legacy Projects revenue $90-95M with negative (40-50)% gross margin."],"consensus_eps_estimate":null,"consensus_eps_actual":-2.96,"consensus_revenue_estimate":null,"consensus_revenue_actual":376684000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":132841902.74651812,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":197052,"accession_number":"0000950170-24-120300","cik":1887944,"company_name":"Shimmick Corp","ticker":"SHIM","form_type":"8-K","filed_at":"2024-11-04T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Shimmick reaches $97M settlement on Golden Gate Bridge; Q3 prelim results near breakeven","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Settlement of Golden Gate Bridge litigation: Shimmick to receive $97M before end of 2024, plus scope reduction of ~$6M.","Transformation plan: sale-leaseback of Tracy equipment yard yields ~$17M gain; $16M non-cash charge for ERP system upgrade.","Preliminary Q3 FY2024 (ended Sept 27, 2024): net income/loss expected between breakeven and a small loss due to continued losses in legacy and foundation projects.","Substantial completion of onsite GGB work expected Q3 2025; remaining work for offsite fabrication.","Settlement proceeds after subcontractor pass-through to be used for ongoing operations including GGB completion."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":132841902.74651812,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":213322,"accession_number":"0000950170-24-109469","cik":1887944,"company_name":"Shimmick Corp","ticker":"SHIM","form_type":"8-K","filed_at":"2024-09-26T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Shimmick amends credit facilities: $15M borrowing capacity, maturity to Dec 2024, existing defaults waived","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["MidCap Amendment provides $15M borrowing capacity (none drawn), extends maturity to Dec 31, 2024 with 90-day extension option.","Company had existing Events of Default which were conditionally waived under the MidCap Amendment.","AECOM/BHSI Amendment consents to MidCap changes and requires mandatory prepayments if MidCap loans unused within 5 days.","Borrowers to pay a $150,000 fee to lenders on the effective date.","Conditions include delivery of an Irrevocable Standby Letter of Credit and amendment to the AECOM Guaranty."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":132841902.74651812,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":213321,"accession_number":"0000950170-24-097570","cik":1887944,"company_name":"Shimmick Corp","ticker":"SHIM","form_type":"8-K","filed_at":"2024-08-15T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Shimmick Q2 net loss $51M on $91M revenue; legacy project settlement drags results","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $91M (down 41% YoY); net loss $51M vs $10M loss; adjusted EBITDA loss $40M.","Settled US Army Corps of Engineers claim for $33M, causing $30M net loss on legacy project.","Sale-leaseback of Tracy equipment yard for $20.5M; net $17M used to reduce MidCap revolver.","FY2024 guidance: Shimmick Projects revenue flat, gross margin 4-9%; Legacy Projects revenue $55-65M at negative 80-90% margin.","Backlog $923M (80%+ Shimmick Projects); transformation focuses on California water infrastructure."],"consensus_eps_estimate":null,"consensus_eps_actual":-3.16,"consensus_revenue_estimate":null,"consensus_revenue_actual":210648000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":132841902.74651812,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":232515,"accession_number":"0000950170-24-079043","cik":1887944,"company_name":"Shimmick Corp","ticker":"SHIM","form_type":"8-K","filed_at":"2024-06-28T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Shimmick holds annual meeting; all six director nominees elected, auditor ratified","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Mitchell B. Goldsteen, Steven E. Richards, Carolyn L. Trabuco, Geoffrey E. Heekin, J. Brendan Herron, Joseph A. Del Guercio elected as directors with >23.6M votes each.","Peter Kravitz elected as an additional director with 23,201,486 votes for, 336,400 against.","Ratification of Deloitte & Touche as independent auditor approved with 35,022,773 votes for, 13,642 against.","Vote results filed under Item 5.07 reflect ordinary-course annual meeting actions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.15,"market_cap_usd":132841902.74651812,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":232514,"accession_number":"0000950170-24-079039","cik":1887944,"company_name":"Shimmick Corp","ticker":"SHIM","form_type":"8-K","filed_at":"2024-06-28T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Shimmick stockholders approve share issuance to AECOM at special meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Approval of share issuance to AECOM per Share Issuance Agreement dated May 20, 2024.","Vote tally: 28,512,572 FOR, 22,665 AGAINST, 15,517 ABSTAIN.","Issuance needed to comply with NASDAQ Listing Rule 5635."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.15,"market_cap_usd":132841902.74651812,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":232513,"accession_number":"0000950170-24-076353","cik":1887944,"company_name":"Shimmick Corp","ticker":"SHIM","form_type":"8-K","filed_at":"2024-06-21T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Shimmick CFO Devin Nordhagen departs; Amanda Mobley named interim CFO","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["CFO Devin Nordhagen departed June 18, 2024; will assist transition until April 1, 2025 under separation agreement.","Interim CFO Amanda Mobley, Director of Accounting, appointed; with Shimmick since 2011, previously KPMG audit manager.","Nordhagen receives $350k base salary through Sept 30, then $10k/month; plus $136,050 bonus and $25k severance.","Mobley gets $20,833/month base, $75k cash retention award (payable June 2025), and 50k RSUs vesting August 2026.","Nordhagen's equity awards continue vesting during transition; he remains subject to restrictive covenants."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":132841902.74651812,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":232512,"accession_number":"0000950170-24-063761","cik":1887944,"company_name":"Shimmick Corp","ticker":"SHIM","form_type":"8-K","filed_at":"2024-05-23T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Shimmick closes $17.5M sale of foundation drilling assets; repays $10M credit facility","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Total consideration $17.5M: $15M cash plus $2.5M promissory note due Dec 27, 2024.","$10M of proceeds used to repay MidCap Financial revolving credit facility; remainder for costs and operations.","Company will continue working on certain existing foundation projects expected to complete by year-end.","Sale closed on May 21, 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":132841902.74651812,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":232511,"accession_number":"0000950170-24-062130","cik":1887944,"company_name":"Shimmick Corp","ticker":"SHIM","form_type":"8-K","filed_at":"2024-05-20T23:59:59+00:00","items":["1.01","8.01","1.02","2.03","3.02","5.02","7.01","9.01"],"status":"ready","headline":"Shimmick settles AECOM lawsuit, issues shares, secures $60M revolver, and appoints new director","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Settled AECOM lawsuit; issued 5,144,622 shares (19.99% of outstanding) to AECOM, with up to 2.6M more pending shareholder vote.","Entered into new $60M revolving credit facility with AECOM and BHSI, maturing May 2029; replaces prior BHSI agreement.","Amended existing MidCap facility: cures default, changes maturity to Sept 30, 2024, interest SOFR+5.5%, adds AECOM as guarantor.","Appointed Peter Kravitz as independent director; established special committee to oversee transformation and long-term value.","Expects to close sale of foundation drilling assets for $17.5M by end of week; will file Q1 10-Q today."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":132841902.74651812,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":232510,"accession_number":"0000950170-24-058688","cik":1887944,"company_name":"Shimmick Corp","ticker":"SHIM","form_type":"8-K","filed_at":"2024-05-13T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Shimmick Q1 net loss $33M on $120M revenue; credit default, going concern risk","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $120M (down 27% YoY); net loss $33M vs $9M loss in Q1 2023.","Adjusted EBITDA loss $24M (vs loss $1M); diluted EPS loss $1.30.","Legacy Projects revenue fell to $23M (from $56M) with negative gross margin of $11M.","Non-compliance with MidCap leverage covenant; $32M outstanding; negotiating waiver.","Non-core asset sales for ~$39M expected to close Q2; backlog $1.0B."],"consensus_eps_estimate":null,"consensus_eps_actual":-1.3,"consensus_revenue_estimate":null,"consensus_revenue_actual":120043000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":132841902.74651812,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":250781,"accession_number":"0000950170-24-037605","cik":1887944,"company_name":"Shimmick Corp","ticker":"SHIM","form_type":"8-K","filed_at":"2024-03-28T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Shimmick reports FY2023 revenue $633M, adjusted EPS $0.48; provides FY2024 guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["FY2023 revenue $633M; Shimmick Projects revenue $434M, up 24% YoY; Legacy Projects revenue $199M, down 36%.","GAAP diluted EPS -$0.11; adjusted diluted EPS $0.48; adjusted EBITDA $30M vs $47M prior year.","Backlog $1.1B; Shimmick Projects backlog grew 18% YoY; secured $200M+ water reclamation project.","FY2024 guidance: Shimmick Projects revenue growth 7-13% with 7-13% gross margin; Legacy revenue decline 45-55% with -5 to -10% gross margin.","Completed IPO in November 2023; net loss to Shimmick of $3M vs net income $4M in FY2022."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":132841902.74651812,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}