For more information please contact:
Josh Matthew, CFA
Equity Capital Markets
Head of Equity
Senior Vice President
Senior Vice President
Amtech Systems, Inc. (NASDAQ: ASYS), a global supplier of production
equipment and related supplies for the solar, semiconductor, and LED
markets has completed an underwritten public offering of 1,213,250
shares of its common stock, which includes the sale of 158,250
shares pursuant to the full exercise of the over-allotment option
granted to the underwriters. The shares were sold at the price of
$9.50 per share, resulting in the gross proceeds for Amtech Systems,
Inc. of approximately $11.5 million.
Amtech Systems, Inc. plans to
use the net proceeds of the offering for general corporate purposes,
which may include working capital, capital expenditures and
ROTH Capital Partners acted as sole manager for the offering.
About Amtech Systems, Inc.
Amtech Systems, Inc. is a global supplier of advanced thermal
processing equipment to the solar, semiconductor / electronics, and
LED manufacturing markets. Amtech's equipment includes diffusion,
ALD and PECVD systems and solder reflow systems. Amtech also
supplies wafer handling automation and polishing equipment and
related consumable products. The Company's wafer handling, thermal
processing and consumable products currently address the diffusion,
oxidation, and deposition steps used in the fabrication of solar
cells, LEDs, semiconductors, MEMS, printed circuit boards,
semiconductor packaging, and the polishing of newly sliced sapphire
and silicon wafers. Amtech's products are recognized under the
leading brand names Tempress Systems(TM), Bruce Technologies(TM), PR
Hoffman(TM), R2D Automation(TM), SoLayTec, and BTU International.
For more information, please visit
Company Press Release | 8/18/17)
About ROTH Capital Partners
ROTH Capital Partners, LLC (ROTH), is a relationship-driven
investment bank focused on serving emerging growth companies and
their investors. As a full-service investment bank, ROTH provides
capital raising, M&A advisory, analytical research, trading,
market-making services and corporate access. Headquartered in
Newport Beach, CA, ROTH is privately-held and employee owned, and
maintains offices throughout the U.S. For more information on ROTH,
material, information and facts discussed in this announcement
other than the information regarding ROTH Capital Partners, LLC
("ROTH") and its affiliates, are from sources believed to be
reliable, but are in no way guaranteed to be complete or accurate.
This announcement should not be used as a complete analysis of any
companies, securities or topics discussed herein. Additional
information is available upon request. This is not, however, an
offer or solicitation of the securities discussed. Any opinions or
estimates in this announcement are subject to change without notice.
An investment in any security based on this announcement may involve
risks and uncertainties that could cause actual results to differ
materially from the forward-looking statements. Additionally, such
investments may involve a high degree of risk and may not be
suitable for all investors. No part of this announcement may be
reproduced in any form without the express written permission of
ROTH. Copyright 2017.