Company: CPSH
Filing Date: 2025-10-08
Form Type: 8-K
Source: 0001437749-25-030706
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Company: CPS TECHNOLOGIES CORP/DE/
Filing Date: 2025-10-08
Form: 8-K
Item: Item 8.01
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Item 8.01 Other Events.

On October 7, 2025, CPS Technologies Corp. (the “ Company”) entered into an underwriting agreement (the “ Underwriting Agreement”) with Roth Capital Partners, LLC, as representative (the “ Representative”) of the several underwriters named therein (collectively, the “ Underwriters”), relating to the underwritten public offering by the Company of 3,000,000 shares of the Company’s common stock, par value $0.01 per share (“ Common Stock”), with an overallotment option for an additional 450,000 shares, at a public offering price per share of $3.00 (the “ Offering”). In addition, the Company, and the Company’s directors and executive officers agreed not to sell or transfer any Common Stock without first obtaining the written consent of Roth Capital Partners, LLC, subject to certain exceptions, for 90 days following the closing of the Offering. On October 8, 2025, the Offering closed, and the Company completed the sale and issuance of an aggregate of 3,450,000 shares of Common Stock, including full exercise of the overallotment option.

The Company received net proceeds of approximately $9.5 million, after deducting underwriting discounts and commissions and estimated offering expenses payable by the Company. The Company currently intends to use the net proceeds from the Offering for general corporate purposes, which may include working capital, capital expenditures, and the expansion of production capacity to meet customer demand, including through a local move to a larger facility.

The Offering was made pursuant to the shelf registration statement on Form S-3 (File No. 333-282266) (the “ Registration Statement”), a prospectus included in the Registration Statement, the preliminary prospectus supplement, which was filed with the Securities and Exchange Commission (the “ SEC”) on October 6, 2025, and a final prospectus supplement, which was filed with the SEC on October 8, 2025.

The Underwriting Agreement contains customary representations, warranties, covenants, indemnification obligations of the Company and the Underwriters, including for liabilities under the Securities Act of 1933, as amended, and other obligations of the parties. The representations, warranties and covenants contained in the Underwriting Agreement were made only for purposes of such agreement and as of specific dates, were solely for the benefit of the parties to such agreement, and may be subject to limitations agreed upon by the contracting parties. A copy of the Underwriting Agreement is