Press Releases
ThinkEquity LLC acts as Sole Underwriter for the Follow-On Offering for CVD Equipment Corporation.
SAN FRANCISCO, June 2011 — ThinkEquity LLC — A Panmure Gordon Company, a leading investment banking boutique focused on growth companies and their investors, is pleased to announce the completion of a public offering of stock for CVD Equipment Corporation (NASDAQ: CVV).
The Company issued 967,950 shares of common stock at a price of $10.50 per share raising gross proceeds of approximately $10 million. The aggregate number of shares sold reflects and includes the exercise in full by the underwriter of its over-allotment option to purchase 126,255 additional shares of the Company's commons stock.
CVD Equipment Corporation is a designer and manufacturer of standard and custom state-of-the-art equipment used in the development, design and manufacture of advanced electronic components, materials and coatings for research and industrial applications. CVD offers a broad range of chemical vapor deposition, gas control, and other equipment that is used by customers to research, design and manufacture solar cells, Graphene, carbon nanotubes, nanowires, LEDs, MEMS, semiconductors, industrial coatings and equipment for surface mounting of components onto printed circuit boards.
The securities described above were offered by CVD Equipment Corporation pursuant to a shelf registration statement and prospectus supplement filed with and declared effective by the Securities and Exchange Commission. The final prospectus is available at the SEC's website at www.sec.gov, or by contacting ThinkEquity LLC at 600 Montgomery Street, 3rd Floor, San Francisco, CA 94111, Attn: Prospectus Department (415) 249-2935.
ThinkEquity Contact:
Janet Faleski, ThinkEquity
Managing Director
T: (212) 468-7083
E: jfaleski@thinkequity.com
Media Inquiries:
Nathaniel Webb, Panmure Gordon
Group Communications and Investor Relations Director
T: +44 20 7614 8333
E: nathaniel.webb@panmure.com
About ThinkEquity LLC — A Panmure Gordon Company
Focused on the growth sectors of the economy, ThinkEquity provides research, equity financing, M&A advisory, institutional sales and trading, wealth management and asset management services to institutional investors, corporate and private clients, venture capitalists, entrepreneurs and financial sponsors. As a Panmure Gordon company, ThinkEquity accesses the combined financial expertise of professionals based in San Francisco, New York, Boston, Chicago, London, Liverpool and Geneva. Research-driven, we remain true to our founding principles: the power of growth, focus, deep domain expertise and people. www.thinkequity.com
About the Panmure Gordon Group
Founded in 1876, Panmure Gordon & Co. (PMR.L) is a leading independent institutional stockbroker and investment bank. Encompassing its US franchise, ThinkEquity, LLC, the Group employs approximately 240 professionals across the US, the UK, Singapore and Nyon, Switzerland, offering a blend of transatlantic financial services including research, sales and trading, wealth management and asset management. www.panmure.com