On October 7, 2025, CPS Technologies Corp. announced the pricing of its underwritten public offering of 3,000,000 shares of common stock at a public offering price of $3.00 per share, yielding gross proceeds of approximately $9.0 million before underwriting discounts and commissions.
The offering is being managed by Roth Capital Partners, which also holds a 45‑day option to purchase up to an additional 450,000 shares at the same offering price. The transaction is expected to close on or about October 8, 2025, subject to customary closing conditions.
The company plans to use the net proceeds for general corporate purposes, including working capital, capital expenditures, repayment or refinancing of existing indebtedness, and other investments. This financing provides CPS with additional liquidity, strengthens its balance sheet, and supports ongoing growth initiatives while maintaining its debt‑free status.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.