Amtech Announces Sale of Solar Business and Changes to Executive Team
Amtech Systems, Inc. (ASYS)
Last amtech systems, inc. earnings: 2/6 04:10 pm
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US:NASDAQ Investor Relations:
amtechsystems.com/investors.shtml
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Source: PR Newswire
TEMPE, Ariz., Jan. 28, 2020 /PRNewswire/ -- Amtech Systems, Inc. (NASDAQ: ASYS), a manufacturer of capital equipment, including thermal processing and wafer polishing, and related consumables used in fabricating semiconductor devices, such as silicon carbide (SiC) and silicon power chips, electronic assemblies and light-emitting diodes (LEDs), today announced the sale of its shares of Tempress Group Holding B.V. ("Tempress") for nominal consideration to Stichting Continuiteit Tempress, an independent foundation that was formed under Dutch law, effective January 22, 2020. In connection with this sale transaction, Amtech agreed to provide a term loan to Tempress in the principal sum of $2,250,000, to be used to fund Tempress' working capital requirements and to facilitate the restructuring of Tempress' operations. The loan contains repayment provisions specifying amounts due and payable upon certain future events, including the sale of the equity or a material portion of the assets of T
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ASYS
Earnings
- 12/9/24 - Beat
ASYS
Sec Filings
- 12/13/24 - Form 4
- 12/12/24 - Form 10-K
- 12/9/24 - Form 8-K
- ASYS's page on the SEC website