secwatch.observer — SEC 8-K summary
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Issuer:     SkyWater Technology, Inc (SKYT)
CIK:        0001819974
Form:       8-K
Filed at:   2025-02-26T23:59:59+00:00
Accession:  0001819974-25-000007
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01
LLM model:  deepseek-v4-flash:cloud@v2

SkyWater to acquire Infineon's 200 mm Austin fab for ~$110M
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- Total purchase price ~$110M: $55M cash at close, $30M estimated working capital, $25M deferred in wafer credits.
- Acquired entity will hold assets and liabilities of Infineon's 200 mm fab in Austin, Texas.
- Closing no earlier than May 30, 2025, subject to US regulatory approval and other conditions.
- Deferred $25M payable under a wafer supply agreement with an affiliate of Infineon over four years.
- SkyWater expects to finance the purchase price through debt financing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1819974/000181997425000007/0001819974-25-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1819974/000181997425000007/skyt-20250226.htm
  HTML page:      https://secwatch.observer/filing/0001819974-25-000007

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