Amtech Systems (ASYS) said late Wednesday it has closed its oversubscribed underwritten public offering of about 3 million common shares at a public offering price of $20.50 per share, for total gross proceeds of $60 million.
The offering closed Wednesday, and the company said it plans to use the net proceeds to accelerate growth across its semiconductor packaging and advanced wafer substrate fabrication platforms, accretive mergers and acquisitions, working capital, and general corporate purposes.
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