Camtek Ltd (CAMT) Announces Proposed Common Share Offering

Go back to Camtek Ltd (CAMT) Announces Proposed Common Share Offering

Camtek Announces Commencement of Public Offering of Ordinary Shares

November 18, 2020 4:23 AM EST

MIGDAL HAEMEK, Israel, Nov. 18, 2020 /PRNewswire/ -- Camtek Ltd. (NASDAQ: CAMT) (TASE: CAMT), a leading manufacturer of metrology and inspection equipment, announced today the commencement of a proposed underwritten public offering of three million ordinary shares. Camtek intends to grant the underwriters a 30-day option to purchase up to an additional 15% of its ordinary shares offered in the public offering.  All of the shares in the proposed offering are to be sold by Camtek.

Camtek intends to use the net proceeds from the offering for general corporate purposes,... More