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Shimmick Corporation Enters Market Offering Agreement

Story Highlights
  • Shimmick Corporation entered an agreement to sell common stock up to $7.8 million.
  • The agreement allows for suspension or termination and includes a sales agent commission.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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The latest announcement is out from Shimmick Corporation ( (SHIM) ).

On September 8, 2025, Shimmick Corporation entered into an At The Market Offering Agreement with Roth Capital Partners, LLC for the sale of its common stock, with an aggregate offering amount up to $7,800,000. The sales will be made in “at the market offerings” under the Securities Act of 1933, and the company is not obligated to sell any shares. The agreement allows for suspension or termination by either party and includes a commission for the sales agent and indemnification against certain liabilities.

The most recent analyst rating on (SHIM) stock is a Hold with a $2.50 price target. To see the full list of analyst forecasts on Shimmick Corporation stock, see the SHIM Stock Forecast page.

Spark’s Take on SHIM Stock

According to Spark, TipRanks’ AI Analyst, SHIM is a Neutral.

Shimmick Corporation’s overall stock score is primarily impacted by its weak financial performance, characterized by persistent profitability issues and financial instability. While technical analysis shows some bullish momentum, overbought conditions pose a risk. Valuation metrics are unfavorable due to negative earnings and lack of dividends. The positive sentiment from the corporate event is noted but does not significantly alter the overall score.

To see Spark’s full report on SHIM stock, click here.

More about Shimmick Corporation

Average Trading Volume: 54,824

Technical Sentiment Signal: Strong Buy

Current Market Cap: $104.1M

For an in-depth examination of SHIM stock, go to TipRanks’ Overview page.

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