SkyWater Technology (SKYT) Announces Offering of Shares of Common Stock
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SkyWater Announces Offering of Shares of Common Stock
November 14, 2022 4:05 PM ESTBLOOMINGTON, Minn.--(BUSINESS WIRE)-- SkyWater Technology (NASDAQ: SKYT) (the Company or SkyWater) announced today that it has commenced a proposed underwritten registered public offering of its common stock. SkyWater expects to grant the underwriter a 30-day option to purchase additional shares of its common stock at the public offering price of the common stock, less underwriting discounts and commissions.
The Company intends to use the net proceeds from this offering primarily for general corporate purposes, which may include, among other things, funding of operations, repayment of indebtedness, additions to working capital and/or capital... More
