other material
confidence high
sentiment neutral
materiality 0.50
Amtech subsidiary sells Billerica building for $21.5M, leaseback for 2 years
AMTECH SYSTEMS INC
- Sale price $21.5M; $500k nonrefundable deposit paid; closing expected June 21, 2022.
- BTU will lease back premises under 2-year absolute triple net lease at $1.5M/year.
- Buyer's financing contingency expired April 22, 2022, making obligations effective.