CPS Technologies closes $9.6M registered direct offering of 1.2M shares at $8.00/share

CPS TECHNOLOGIES CORP/DE/

Sold 1,200,000 shares of common stock at $8.00 per share in an at-the-market offering.
Gross proceeds of ~$9.6M; net proceeds ~$9.0M after estimated expenses and placement agent fees.
Roth Capital Partners acted as exclusive placement agent; cash fee of 5.5% of gross proceeds.
Authorized common shares increased from 20M to 25M via Certificate of Amendment filed May 27, 2026.
Net proceeds to be used for general corporate purposes, including working capital, capex, and commercialization.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

CPS TECHNOLOGIES CORP/DE/: Increased authorized common stock from 20,000,000 to 25,000,000 shares (effective 2026-05-27).

Change: charter amendment
Effective: 2026-05-27

Exact text from the filing

On May 27, 2026, the Company filed with the Secretary of State of the State of Delaware a Certificate of Amendment (the “Amendment”) of the Company’s Restated Certificate of Incorporation, effective as of the same date. The Amendment increased the number of shares of common stock, $0.01 par value per share (the “Common Stock”), that the Company is authorized to issue from 20,000,000 to 25,000,000.

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

CPS TECHNOLOGIES CORP/DE/ entered into Purchase Agreements with certain institutional investors valued at $8.00 per share (effective 2026-05-27).

Action: entry
Agreement: equity purchase
Counterparty: certain institutional investors
Value: $8.00 per share
Effective: 2026-05-27

Exact text from the filing

On May 27, 2026, CPS Technologies Corp. (the “Company”) entered into securities purchase agreements (the “Purchase Agreements”) with certain institutional investors (the “Investors”) for the sale by the Company of 1,200,000 shares (the “Shares”) of its Common Stock, par value $0.01 per share (“Common Stock”), in a registered direct offering (the “Offering”), at a purchase price of $8.00 per share.

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

CPS TECHNOLOGIES CORP/DE/ entered into Placement Agency Agreement with Roth Capital Partners, LLC (effective 2026-05-27).

Action: entry
Agreement: underwriting
Counterparty: Roth Capital Partners, LLC
Effective: 2026-05-27

Exact text from the filing

In connection with the Offering, the Company entered into a Placement Agency Agreement (the “Placement Agency Agreement”) on May 27, 2026 with Roth Capital Partners, LLC (the “Placement Agent”), as the exclusive placement agent in connection with the Offering.

View on SEC.gov

42 governance changes filed in the last 30 days. Browse all governance changes →

CPS TECHNOLOGIES CORP/DE/ filing history →

Source: SEC EDGAR

accession 0001437749-26-018930

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