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SkyWater Technology (SKYT) Prices 6.96M Share Upsized IPO at $14/Sh

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SkyWater Technology Announces Pricing of Upsized Initial Public Offering of Common Stock

April 20, 2021 11:32 PM EDT

BLOOMINGTON, Minn., April 20, 2021 /PRNewswire/ -- SkyWater Technology (NASDAQ: SKYT) today announced the upsizing and pricing of its previously announced initial public offering. SkyWater will sell 6,960,000 shares of its common stock at a price to the public of $14.00 per share. In addition, SkyWater has granted the underwriters a 30-day option to purchase up to 1,044,000 additional shares of common stock. The shares are expected to begin trading on the NASDAQ Capital Market on April 21, 2021 under the symbol "SKYT."

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