SkyWater Technology (SKYT) Prices 1.66M Share Offering at $9/sh
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SkyWater Announces Pricing of Common Stock Offering
November 14, 2022 9:30 PM ESTBLOOMINGTON, Minn.--(BUSINESS WIRE)-- SkyWater Technology (NASDAQ: SKYT) (the Company or SkyWater) announced today that it has priced a public offering of $15.0 million of shares of its common stock at a price of $9.00 per share. The underwriter has a 30-day option to purchase up to $2.25 million of additional shares of SkyWaters common stock at the public offering price of the common stock, less underwriting discounts and commissions.
The Company estimates that it will receive net proceeds of approximately $13.7 million from this offering, after deducting the underwriting discounts and commissions and estimated... More
