Company: CPSH
Filing Date: 2025-10-08
Form Type: 424B5
Source: 0001437749-25-030673
Chunk: 13

Company: CPS TECHNOLOGIES CORP/DE/
Filing Date: 2025-10-08
Form: 424B5
Chunk 13
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), or establish or increase a put equivalent position or liquidate or decrease a call equivalent position within the meaning of Section 16 of the Exchange Act, with respect to, any shares of our common stock or securities convertible, exchangeable or exercisable into shares of our common stock beneficially owned by them.

Notwithstanding these limitations, these shares of common stock may be transferred under limited circumstances, including, without limitation, by gift, will or intestate succession.

In addition, we have agreed that we will not conduct any issuances of our shares of common stock for a period of ninety (90) days following closing of this offering. We have also agreed not to enter into specified variable rate transactions until one hundred eighty (180) days after the closing date of this offering, subject to certain exceptions as described in the underwriting agreement. Such transactions include an equity line of credit, at-the-market offering, or other similar continuous offering in which we may offer or issue or sell our common stock or other securities that entitle the holder thereof to acquire shares of our common stock at a future determined price, subject to certain specified exceptions. However, we may enter into or issue shares of our common stock in an at-the-market offering with the underwriters as sales agent after ninety (90) days following closing of this offering.

Tail Financing

We have also agreed to pay the underwriters a tail fee equal to the cash compensation in this offering, if any investor, subject to certain exceptions, who was contacted or introduced to us by the underwriter during the term of its engagement, provides us with capital in any public or private offering or other financing or capital raising transaction during the six-month period following expiration or termination of our engagement with the underwriter.

Determination of Offering Price

The public offering price of the shares of common stock offered by this prospectus supplement was determined by negotiation between us and the underwriters. Among the factors that were considered in determining the public offering price were as follows:

| ● | our history and our prospects; |

| ● | the industry in which we operate; |

| ● | our past and present operating results; |

| ● | the previous experience of our executive officers; and |

| ● | the general condition of the securities markets at the time of this offering. |

The public offering price stated on the cover page of this prospectus supplement should not be considered an indication of the actual value of the shares of common stock sold in this offering. That price is subject to change as a result of market conditions and other factors and