ASYS prices $60 million stock offering at $20.50 per share

Amtech Systems Inc. (NASDAQ: ASYS) announced the pricing of an oversubscribed public offering of 2,926,829 shares of common stock at $20.50 per share. The offering will generate approximately $60 million in gross proceeds before underwriting fees and expenses.

The semiconductor equipment manufacturer expects the offering to close on or about June 3, 2026, subject to standard closing conditions. Titan Partners, a division of American Capital Partners, serves as the sole bookrunner for the transaction.

Amtech plans to use net proceeds to accelerate growth across its semiconductor packaging and advanced wafer substrate fabrication platforms, pursue acquisition opportunities, and fund working capital and general corporate purposes.

The offering operates under a shelf registration statement on Form S-3 filed with the Securities and Exchange Commission on March 13, 2026, and declared effective on March 23, 2026.

Amtech manufactures equipment, consumables and services for semiconductor device packaging, wafer production and device fabrication. The company's products are used to fabricate and package semiconductor devices including graphics processing units for AI applications, silicon carbide and silicon power devices, and other optical, analog and digital devices.

The company serves semiconductor device packaging, electronic assembly and device fabrication companies globally, with particular focus on markets in Asia, North America and Europe.

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