Highest-materiality recent filing
SkyWater completes merger with IonQ; shareholders receive $15 cash + 0.4883 IonQ shares per share
Merger closed July 31, 2026; SkyWater becomes wholly-owned subsidiary of IonQ.
IonQ receives final regulatory approval to acquire SkyWater; closing set for July 31, 2026
Final regulatory approval obtained for IonQ's acquisition of SkyWater Technology.
SkyWater stockholders elect nine directors and ratify KPMG as auditor at 2026 annual meeting
Nine directors elected to one-year terms; all nominees received majority votes, with Dennis J. Goetz receiving 17,997,261 votes for and 12,398,055 withheld.
SkyWater shareholders approve merger with IonQ; over 32.5M shares voted for
Proposal to adopt merger agreement with IonQ passed with ~32.58 million votes for, 0.40 million against.
SkyWater and IonQ receive FTC Second Request for merger review; closing still expected Q2-Q3 2026
FTC issued Second Request on April 24, 2026, extending HSR waiting period.
SkyWater approves cash retention awards for three NEOs tied to IonQ merger closing
CEO Sonderman: $579k; Sakamoto: $347,975; Manko: $337,840 cash retention awards.
SkyWater Q4 revenue $171M (+127% YoY); GAAP net loss $0.16/share; FY2025 revenue $442M (+29%)
Q4 GAAP net loss to shareholders $7.8M ($0.16 diluted loss); non-GAAP net loss $1.6M ($0.03 loss).
IonQ to acquire SkyWater for $35/share in cash-and-stock deal valued at ~$1.8B
Purchase price $35/share: $15 cash + $20 IonQ stock; 38% premium to 30-day VWAP.
SkyWater to be acquired by IonQ for $15 cash + IonQ shares (~$35 total per share)
Each SkyWater share converts into $15 cash plus a variable number of IonQ shares (exchange ratio collared between 0.3326 and 0.5265).
SkyWater Q3 revenue $150.7M (+60.7% YoY); non-GAAP EPS $0.24 vs $0.08; guides Q4 rev $155-165M
Q3 total revenue $150.7M (record), up 60.7% YoY; GAAP net income $144.0M includes $110.8M bargain purchase gain.
SkyWater files Fab 25 acquisition financials: FY2024 revenue $335.5M, net assets $176.8M
FY2024 revenue $335.5M; net revenues after direct expenses $25.9M (7.7% margin).
SkyWater Q2 revenue $59.1M, net loss $0.21/sh; closes Infineon Fab 25 buy; Q3 rev guidance $130-141M
Q2 total revenue $59.1M, down 37% YoY; GAAP net loss $0.21/sh vs loss $0.04/sh; adjusted EBITDA $2.3M (72% decline).
SkyWater completes $93M acquisition of Infineon's Austin 200mm fab, secures $350M credit facility
Closed acquisition of Spansion Fab 25 LLC (Infineon 200mm fab) for ~$93M cash on June 30, 2025.
SkyWater annual meeting elects all nine directors; substantial withhold votes for three directors
All nine director nominees elected; Loren A. Unterseher received 6.28M withhold votes (21.0% of votes cast).
SkyWater Q1 revenue down 23% to $61.3M, EPS $(0.15); Q2 guidance weak
Revenue $61.3M, down 23% YoY; ATS development $52.5M (-14%), Wafer Services $7.5M (-25%), Tools $1.2M (-86%).
SkyWater elects three new independent directors to Board, effective March 31, 2025
Timothy E. Baxter, Andrew D.C. LaFrence, and Tammy J. Miller elected to Board, term through 2025 annual meeting.
SkyWater Q4 revenue $75.5M (-5% YoY); FY2024 record $342.3M; Q1 2025 guidance $59-63M
Q4 GAAP net loss $0.7M ($0.01/share), improved from $10.3M loss YoY; non-GAAP net income $1.9M ($0.04/share).
SkyWater to acquire Infineon's 200 mm Austin fab for ~$110M
Total purchase price ~$110M: $55M cash at close, $30M estimated working capital, $25M deferred in wafer credits.
SkyWater extends credit facility maturity to 2028, boosts revolver to $130M
Maturity of revolving loan facility extended from Dec 2025 to Dec 31, 2028.
SkyWater posts record Q3 revenue of $93.8M, swings to GAAP net income of $1.5M
Record revenue $93.8M (+31% YoY); GAAP EPS $0.03 vs loss $(0.16); non-GAAP EPS $0.08 vs loss $(0.05).
SkyWater director Amy Leong resigns from board effective Sep 29, 2024
Chunyi (Amy) Leong notified SkyWater of her resignation from the Board on Sep 15, 2024.
SkyWater Q2 revenue record $93.3M (+34% YoY); non-GAAP EPS positive $0.02
Revenue $93.3M, up 34% YoY, eighth straight record quarter; ATS development revenue $61.7M +18%.
SkyWater dismisses Deloitte, hires KPMG; unremediated control weakness remains
Deloitte dismissed as auditor on June 21, 2024; KPMG engaged for FY ending Dec 29, 2024.
SkyWater stockholders elect nine directors, ratify Deloitte as auditor for FY2024
All nine director nominees elected; votes for ranged from 23.9M (Unterseher) to 31.2M (Daly); 7.1M broker non-votes.
SkyWater Q1 revenue rises 20% to record $79.6M; net loss widens to $0.12/share
GAAP net loss $5.7M ($0.12) vs $4.3M ($0.10) in Q1 2023; non-GAAP loss $3.7M ($0.08).
SkyWater elects two new directors, Goetz and Humke, effective April 1, 2024
Dennis J. Goetz and Joseph J. Humke elected to Board, effective April 1, 2024.
SkyWater Q4 revenue record $79.2M (+22% YoY); FY23 revenue record $286.7M (+35% YoY)
Q4 revenue $79.2M (+22% YoY), sixth straight record quarter; full year revenue $286.7M (+35% YoY).
SkyWater Q3 revenue up 37% to record $71.6M; gross margin expands to 19.8%
ATS revenue rose 62% YoY to $57.1M; Wafer Services fell 16% to $14.5M.
SkyWater appoints new President and COO John Sakamoto
John Sakamoto appointed President and COO effective September 25, 2023.
SkyWater elects General Edward M. Daly to board effective Oct 1, 2023
Elected to board effective October 1, 2023; term expires at 2024 annual meeting.
SkyWater Q2 revenue $69.8M (+47% YoY); net loss narrows to $(0.19)/share; gross margin expands
Revenue $69.8M (+47% YoY); ATS revenue $53.0M (+78%); trailing 12-month revenue $253M (+50%).
Monthly fee of $35,833 plus performance fees: up to $322,500 for annual bonus targets, up to $600k/year for cost-per-layer reduction, up to $1.2M/year for wafer output targets.
Equity Incentive Plan shares increased by 4,222,000; approved with 24,060,119 for, 7,139,556 against.
SkyWater Q1 revenue record $66.1M, up 37% YoY; net loss narrows to $4.3M
Revenue $66.1M (+37% YoY), driven by 82% growth in Advanced Technology Services to $48.3M.
SkyWater records Q4 revenue $65.1M (+69% YoY); FY22 revenue $212.9M (+31%)
Q4 2022 revenue $65.1M (+69% YoY), ATS revenue $47.9M (+97%), Wafer Services $17.2M (+21%).
New $100M facility (expandable to $130M) with Siena Lending Group; matures Dec 28, 2025.
Entered underwriting agreement with Needham & Co. to sell 1,666,667 shares of common stock at $9.00 per share.
SkyWater Q3 revenue $52.3M record (+49% YoY); adjusted EBITDA positive $3.8M
Q3 revenue $52.3M, up 49% YoY and 10% sequentially; ATS revenue $35.2M (+57% YoY).
SkyWater enters $100M at-the-market equity offering with Jefferies
SkyWater may sell up to $100M of common stock through Jefferies in ATM offerings.
SkyWater Q2 revenue $47.4M (+15% YoY); net loss $(0.32)/share vs $(0.20) last year
Total revenue $47.4M (+15% YoY); ATS revenue $29.8M (+11%), Wafer Services $17.6M (+23%).
SkyWater Technology reports 2022 annual meeting results; all directors elected, auditor ratified
All eight director nominees elected: votes for ranged from 30.3M to 31.3M; broker non-votes 3.5M.
SkyWater Q1 revenue flat YoY at $48.1M; net loss widens to $14.5M
Revenue $48.1M (flat YoY, +25% QoQ); Wafer Services revenue jumped 115% YoY to $21.5M.
SkyWater enters into 4-year wafer manufacturing frame agreement with Infineon
Initial four-year term, auto-renews annually; either party may terminate with 18 months notice.
SkyWater reports FY2021 revenue $162.8M (+16% YoY); Q4 net loss $27.0M includes $13.4M write-down
Annual revenue $162.8M (+16% YoY), but net loss to shareholders $50.7M (31% of revenue).
SkyWater sets 2022 annual meeting for June 1; proposal deadline March 3
Annual meeting scheduled for June 1, 2022; time and manner to be specified in proxy statement.
SkyWater elects Gregory B. Graves to board; effective March 2, 2022
Gregory B. Graves, CFO of Entegris since 2007, elected as independent director.
SkyWater elects Nancy Fares and Amy Leong to board, effective Jan 3, 2021
Nancy Fares (former Qualcomm VP) and Amy Leong (FormFactor SVP) appointed as independent directors.
SkyTechnology Q3 revenue $35M (+6% YoY); net loss widens to $13.9M
GAAP net loss of $13.9M ($0.36 loss per share) vs. $1.7M loss in Q3 2020.
Khoua Yang resigns as VP, Finance and principal accounting officer effective Nov 1, 2021.
SkyWater Q2 revenue up 34% to $41.2M but GAAP net loss widens to $7.0M; board approves $56M capex
Net sales $41.2M, up 34% YoY; GAAP net loss $7.0M ($0.20/share) versus $5.3M loss ($0.29) a year ago.
On March 30, 2025, the Board of Directors (“Board”) of SkyWater Technology, Inc. (the “Company”) elected Timothy E. Baxter, Andrew D. C. LaFrence and Tammy J. Miller to serve on the Board effective March 31, 2025.
On March 30, 2025, the Board of Directors (“Board”) of SkyWater Technology, Inc. (the “Company”) elected Timothy E. Baxter, Andrew D. C. LaFrence and Tammy J. Miller to serve on the Board effective March 31, 2025.
On March 30, 2025, the Board of Directors (“Board”) of SkyWater Technology, Inc. (the “Company”) elected Timothy E. Baxter, Andrew D. C. LaFrence and Tammy J. Miller to serve on the Board effective March 31, 2025.
On September 15, 2024, Chunyi (Amy) Leong informed SkyWater Technology, Inc. (the “Company”) of her decision to resign from the Company’s Board of Directors (the “Board”) effective September 29, 2024.
elected Dennis J. Goetz and Joseph J. Humke to serve on the Board effective April 1, 2024.
elected Dennis J. Goetz and Joseph J. Humke to serve on the Board effective April 1, 2024.
On September 13, 2023, the Board of Directors (“Board”) of SkyWater Technology, Inc. (the “Company”) appointed John Sakamoto to serve as the Company’s President and Chief Operating Officer, effective September 25, 2023.
On August 16, 2023, the Board of Directors (“Board”) of SkyWater Technology, Inc. (the “Company”) elected General Edward M. Daly to serve on the Board effective October 1, 2023.
On February 2, 2022, the Board of Directors (“Board”) of SkyWater Technology, Inc. (the “Company”) elected Gregory B. Graves to serve on the Board effective March 2, 2022.
On December 10, 2021, the Board of Directors (“Board”) of SkyWater Technology, Inc. (the “Company”) elected Nancy Fares and Chunyi (Amy) Leong to serve on the Board effective January 3, 2021.
On December 10, 2021, the Board of Directors (“Board”) of SkyWater Technology, Inc. (the “Company”) elected Nancy Fares and Chunyi (Amy) Leong to serve on the Board effective January 3, 2021.
Steve Manko, the Company’s Chief Financial Officer, will perform the responsibilities of principal accounting officer of the Company upon the departure of Mr. Yang.
Max materiality 1.00 · Median 0.70 · Most common event earnings