other material
confidence high
sentiment neutral
materiality 0.50
SkyWater enters $100M at-the-market equity offering with Jefferies
SkyWater Technology, Inc
- SkyWater may sell up to $100M of common stock through Jefferies in ATM offerings.
- Agent commission set at 3.00% of gross proceeds; no minimum offering required.
- Shelf registration on Form S-3 declared effective September 1, 2022.
- Sales executed at prevailing market prices; program terminates earlier of $100M or termination.
- Company has no obligation to sell any shares and may suspend at any time.