Every material Form 8-K AMTECH SYSTEMS INC has filed with the SEC since June 03, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Amtech Systems said CEO Robert C. Daigle will retire as chief executive effective August 13, 2026, and remain on the Board as Executive Chairman. The Board appointed President and COO Guy Shechter as CEO on the same date, and he joins the Board as a director.
Robert C. Daigle retires as CEO effective August 13, 2026, and continues as Executive Chairman with a two-year term at a $300,000 annual base salary.
Daigle received 50,000 restricted stock units vesting ratably over two years.
Guy Shechter, age 58, becomes CEO effective August 13, 2026, and receives 25,000 RSUs vesting ratably over three years.
The filing states Daigle's retirement is not the result of any disagreement with the Company on its operations, policies, or practices.
Amtech Systems reported fiscal third-quarter 2026 results for the period ended June 30, 2026, with revenue of $22.4 million, up 14.5% from the prior-year quarter, and GAAP net income of $1.7 million, or $0.10 per diluted share, compared with $0.1 million, or $0.01 per share, a year earlier. The company also gave a fourth-quarter revenue outlook of $22.5 million to $24.0 million, which shareholders can compare with the results against which it was set.
Revenue of $22.4 million rose 14.5% year over year; the Thermal Processing Solutions segment rose 24.9% to about $17.7 million, while Semiconductor Fabrication Solutions fell 13.3% to about $4.6 million.
Gross margin was 50.0%, up from 46.7% a year earlier; Adjusted EBITDA was $3.3 million.
Customer orders were $28.8 million, up from $21.1 million in the prior quarter, and backlog was $28.7 million at June 30, 2026.
Cash was $83.1 million at June 30, 2026, including $56.5 million of net proceeds from a $60.0 million public offering of common stock in June 2026.
Amtech Systems sold 2,926,829 new shares of common stock at $20.50 per share under an underwriting agreement dated June 1, 2026, for gross proceeds of about $60 million before underwriting discounts, commissions and offering expenses. The offering closed on June 3, 2026, which increases the number of shares outstanding. The company plans to use the net proceeds for growth in its semiconductor packaging and advanced wafer substrate fabrication platforms, acquisitions, working capital and general corporate purposes.
2,926,829 shares sold at $20.50 per share, for about $60 million in gross proceeds before discounts, commissions and expenses
Titan Partners Group LLC, a division of American Capital Partners, LLC, was the underwriter and sole bookrunner; pricing was June 1, 2026 and closing was June 3, 2026
The company and its directors and officers agreed to a 60-day lock-up after the closing date, subject to certain exceptions
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