AMTECH SYSTEMS INC entered into Underwriting Agreement with Titan Partners Group LLC, a division of American Capital Partners, LLC valued at aggregate gross proceeds of approximately $60 million (effective 2026-06-01).
“On June 1, 2026, Amtech Systems, Inc. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with Titan Partners Group LLC, a division of American Capital Partners, LLC (the “Underwriter”), pursuant to which the Company agreed to issue and sell in an underwritten public offering (the “Offering”) an aggregate of 2,926,829 shares of its common stock, par value $0.01 per share (“Common Stock”), at a price to the public of $20.50 per share for aggregate gross proceeds of approximately $60 million, less underwriting discounts and commissions and offering expenses.”
Earnings Releases
AMTECH SYSTEMS INC reported second quarter ended March 31, 2026 results: revenue $20.5 million, net income $1.2 million, EPS $0.08 per share.
“substrate fabrication, today reported results for its second quarter ended March 31, 2026. Fiscal 2026 Second Quarter Financial and Operational Results: • Net revenue of $20.5 million • Cash of $24.4 million • Cash provided by operations of $2.1 million • GAAP net income of $1.2 million • Non-GAAP net income of $1.5 million (1) • Adjusted EBITDA $2.5 million”
Guy Shechter was appointed as President and Chief Operating Officer at AMTECH SYSTEMS INC.
“approved the appointment of Mr. Guy Shechter as the Company’s President and Chief Operating Officer, effective May 19, 2026”
Mark Weaver departed as Interim Chief Financial Officer at AMTECH SYSTEMS INC.
“Mr. Sabol will replace Mr. Mark Weaver, who was serving as Interim Chief Financial Officer until the Company hire a permanent Chief Financial Officer.”
Thomas Sabol was appointed as Chief Financial Officer at AMTECH SYSTEMS INC.
“On April 24, 2026, the Board of Directors of Amtech Systems, Inc. (the “Company”) approved the appointment of Mr. Thomas Sabol as the Company’s Chief Financial Officer, effective May 14, 2026”
Asif Y. Jakwani was appointed as Director at AMTECH SYSTEMS INC.
“appointed Asif Y. Jakwani to fill the existing vacancy on the Board.”
Wade M. Jenke was appointed as Chief Financial Officer at AMTECH SYSTEMS INC.
“the Board, based on the recommendation of the Audit Committee, approved the appointment of Wade M. Jenke as the Company’s new Chief Financial Officer effective August 8, 2024.”
Lisa Gibbs resigned as Chief Financial Officer at AMTECH SYSTEMS INC.
“Lisa Gibbs has submitted her resignation as Chief Financial Officer and Board member, effective as of the close of business on August 7, 2024, to assume an executive role at another company.”
Earnings Releases
AMTECH SYSTEMS INC reported second quarter ended March 31, 2024 results: revenue $25.4 million, net income GAAP net income of $1.0 million, EPS 7 cents per share.
“manufacturing applications, today reported results for its second quarter ended March 31, 2024. Second Quarter Fiscal 2024 Financial and Operational Results: • Net revenue of $25.4 million • GAAP operating income of $1.4 million • Net proceeds of $2.5 million from sale of corporate headquarters building • Debt payments of $6.4 million, ending the quarter with net”
Shareholder Votes
AMTECH SYSTEMS INC shareholders approved Frequency of Future Advisory vote on named executive officers compensation at the 2024-03-06 meeting.
“1 Year 2 Years 3 years Abstain Broker Non-Votes 6,775,891 48,003 1,207,567 535,001 2,087,836”
Shareholder Votes
AMTECH SYSTEMS INC shareholders approved Advisory vote on named executive officer compensation at the 2024-03-06 meeting.
“The shareholders approved, on an advisory basis, the compensation of the named executive officers.”
Shareholder Votes
AMTECH SYSTEMS INC shareholders approved To approve the ratification of the independent registered public accountants at the 2024-03-06 meeting.
“The shareholders ratified the appointment of Grant Thornton LLP as the Company’s independent registered public accounting firm for fiscal year 2024.”
Shareholder Votes
AMTECH SYSTEMS INC shareholders approved Election of directors at the 2024-03-06 meeting.
“The individuals listed below received the highest number of affirmative votes of the outstanding shares of the Company’s common stock present or represented by proxy and voting at the Annual Meeting and were elected at the Annual Meeting to serve a one-year term on the Company’s board of directors.”
Auditor Changes
AMTECH SYSTEMS INC engaged Klynveld Peat Marwick Goerdeler (KPMG) as its auditor.
“On March 1, 2024 the Committee appointed Klynveld Peat Marwick Goerdeler (“KPMG”) as the Company’s independent registered public accounting firm for the Company’s fiscal year ending September 30, 2024.”
Auditor Changes
AMTECH SYSTEMS INC dismissed Grant Thornton LLP as its auditor.
“On March 1, 2024, Amtech Systems, Inc. (the “Company”), upon the approval of the Audit Committee (the “Committee”) of the Board of Directors of the Company, notified Grant Thornton LLP (“Grant Thornton”), the Company’s current independent registered public accounting firm, that it would be dismissed from that position effective March 1, 2024.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.