SkyWater Technology announces common stock offering, no amount given

SkyWater Technology announced that it has commenced a proposed underwritten registered public offering of its common stock. The company intends to use the net proceeds from this offering primarily for general corporate purposes, which may include, among other things, funding of operations, repayment of indebtedness, additions to working capital and/or capital expenditures. Needham & Company is acting as sole book-running manager for the common stock offering.