secwatch.observer — SEC 8-K summary
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Issuer:     SkyWater Technology, Inc (SKYT)
CIK:        0001819974
Form:       8-K
Filed at:   2022-11-15T23:59:59+00:00
Accession:  0001193125-22-285561
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SkyWater Technology announces public offering of 1.67M shares at $9.00 per share, expects net proceeds of ~$13.7M
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- Entered underwriting agreement with Needham & Co. to sell 1,666,667 shares of common stock at $9.00 per share.
- Underwriter has a 30-day option to purchase up to an additional 250,000 shares at the same price.
- Closing expected on or about Nov 17, 2022; net proceeds estimated at ~$13.7M after discounts and expenses.
- Proceeds to be used for general corporate purposes, including working capital and capital expenditures.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1819974/000119312522285561/0001193125-22-285561-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1819974/000119312522285561/d393836d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-285561

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