Current Report Filing (8-k)
August 23 2017 - 11:29AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of report (Date of earliest event reported): August 23, 2017
Amtech Systems, Inc.
(Exact Name of Registrant as Specified in Charter)
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Arizona
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000-11412
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86-0411215
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(State or Other Jurisdiction
of Incorporation)
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(Commission
File Number)
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(IRS Employer
Identification No.)
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131 S. Clark Drive, Tempe, Arizona
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85281
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(Address of Principal Executive Offices)
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(Zip Code)
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Registrants telephone number, including area code: (480)
967-5146
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form
8-K
filing is intended to simultaneously satisfy the filing obligations of
the registrant under any of the following provisions (
see
General Instruction A.2.):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule
14a-12
under the Exchange Act (17 CFR
240.14a-12)
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Pre-commencement
communications pursuant to Rule
14d-2(b)
under the Exchange Act (17 CFR
240.14d-2(b))
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Pre-commencement
communications pursuant to Rule
13e-4(c)
under the Exchange Act (17 CFR
240.13e-4(c))
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Indicate by check mark whether the registrant is an emerging growth company as
defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule
12b-2
of the Securities Exchange Act of 1934 (§
240.12b-2
of this
chapter).
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Emerging growth company
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If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to
Section 13(a) of the Exchange Act.
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Item 7.01
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Regulation FD Disclosure
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As previously disclosed and announced, on August 18, 2017, Amtech
Systems, Inc. (the Company) entered into an Underwriting Agreement with Roth Capital Partners, LLC, as underwriter (the Underwriter), relating to a firm commitment underwritten offering (the Offering) of 1,055,000
shares of the Companys common stock, par value $0.01 per share, at a price of $9.50 per share, and granted the Underwriter an option to purchase up to 158,250 additional shares (the Over-Allotment Option) of the Companys
common stock to cover over-allotments, if any.
On August 23, 2017, the Company and the Underwriter closed the Offering and the Underwriter exercised
its Over-Allotment Option at the closing. As a result, the Company issued a total of 1,213,250 shares of the Companys common stock at a price of $9.50 per share. After the underwriting discount and estimated offering expenses payable by the
Company, the Company expects to receive net proceeds of approximately $10.7 million from 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.
The information contained in this Item 7.01 is furnished pursuant to Item 7.01 of Form
8-K
and shall not be incorporated by reference into any filing of the Registrant, whether made before or after the date hereof, regardless of any general incorporation language in such filing, unless expressly
incorporated by specific reference in such filing. The information in this Current Report, including the accompanying exhibits, shall not be deemed to be filed for purposes of Section 18 of the Securities Exchange Act of 1934, as
amended, or otherwise subject to the liabilities of that section or Sections 11 and 12(a)(2) of the Securities Act of 1933, as amended.
The information contained in Item 7.01 above is incorporated herein by reference.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
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AMTECH SYSTEMS, INC.
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Date: August 23, 2017
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By:
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/s/ Robert T. Hass
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Name:
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Robert T. Hass
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Title:
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Vice President & Chief Financial Officer
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