TEMPE, Ariz., Aug. 17,
2017 /PRNewswire/ -- Amtech Systems, Inc. (NASDAQ: ASYS), a
global supplier of production equipment and related supplies for
the solar, semiconductor, and LED markets today announced that
it intends to offer shares of its common stock in an underwritten
public offering. The offering is subject to market and other
conditions, and there can be no assurance as to whether or when the
offering may be completed, or as to the actual size or terms of the
offering.
Roth Capital Partners is acting as the sole manager for the
offering.
The Company plans to use the net proceeds of the offering for
general corporate purposes, which may include working capital,
capital expenditures and potential acquisitions.
A shelf registration statement relating to the shares of common
stock to be issued in the proposed offering was filed with the
Securities and Exchange Commission (the "SEC") and is effective.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy any of the securities described
herein, nor shall there be any sale of these securities in any
state or jurisdiction in which such offer, solicitation or sale
would be unlawful prior to registration or qualification under the
securities laws of any such state or jurisdiction. Copies of the
preliminary prospectus supplement and accompanying prospectus will
be filed with the Securities and Exchange Commission and, when
available, may be obtained from Roth Capital Partners, LLC, 888 San
Clemente, Newport Beach, CA 92660,
(800) 678-9147 or email: rothecm@roth.com or by accessing the SEC's
website, www.sec.gov.
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
SystemsTM, Bruce TechnologiesTM, PR
HoffmanTM, R2D AutomationTM, SoLayTec, and
BTU International.
Safe Harbor / Forward-Looking Statements
This press
release contains "forward-looking statements" within the meaning of
the Private Securities Litigation Reform Act of 1995 regarding the
proposed public offering and the intended use of proceeds from the
offering. The offering is subject to market and other conditions
and there can be no assurance as to whether or when the offering
may be completed or as to the actual size or terms of the offering.
These forward-looking statements are subject to risks and
uncertainties that may cause actual results to differ materially,
including market conditions, risks associated with the cash
requirements of our business and other risks detailed from time to
time in our filings with the Securities and Exchange Commission,
and represent our views only as of the date they are made and
should not be relied upon as representing our views as of any
subsequent date. We do not assume any obligation to update any
forward-looking statements.
Contacts:
Amtech Systems,
Inc.
Robert T.
Hass
Chief Financial
Officer
(480)
967-5146
irelations@Amtechsystems.com
|
Christensen
Investor
Relations
Patty
Bruner
(480)
201-6075
pbruner@christensenir.com
|
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SOURCE Amtech Systems, Inc.