NetworkNewsBreaks – ACM Research, Inc. (NASDAQ: ACMR) Closes $25M Underwritten Public Offering
ACM Research (NASDAQ: ACMR), a provider of single-wafer wet cleaning equipment used by manufacturers of advanced semiconductors, has closed an underwritten public offering of 1,785,715 shares of its Class A common stock. According to the update, the offering resulted in approximately $25 million in gross proceeds for ACM Research, with each of the shares sold at the public offering price of $14.00. The company has also granted underwriters a 30-day option to purchase up to an additional 267,857 of its Class A common stock shares. ROTH Capital Partners acted as co-manager for the offering. To view the full press release,…







