secwatch.observer — SEC 8-K summary
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Issuer:     CVD EQUIPMENT CORP (CVV)
CIK:        0000766792
Form:       8-K
Filed at:   2021-07-29T23:59:59+00:00
Accession:  0001437749-21-017870
Event type: other_material
Sentiment:  positive
Materiality: 0.70
Item codes: 1.01, 2.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CVD Equipment completes sale of 555 Building for $24.36M, net proceeds ~$14M
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- Sold 555 North Research Place for $24.36M; closed July 26, 2021.
- Used $9.35M to satisfy mortgage; net proceeds ~$14M after closing costs.
- Entered new IDA agreement for 355 South Technology Drive with real estate and sales tax abatements.
- Operations from 555 Building consolidated into 355 Building and Denmark facility.
- Working capital to be used for sustainability and future growth.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/766792/000143774921017870/0001437749-21-017870-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/766792/000143774921017870/cvv20210729_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-21-017870

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer