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Cps Technologie 8-K Filings

CPSH NASDAQ

Every 8-K that Cps Technologie (CPSH) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 8-K covers material events a company has to report between its quarterly reports, so if you follow CPSH and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CPSH filings page.

Rhea-AI Summary

CPS Technologies Corp. (CPSH) entered into a long‑term lease with VMD Industrial II, LLC for approximately 80,000 rentable square feet at 523 Pleasant Street, Attleboro, Massachusetts, and plans to relocate its corporate offices, manufacturing and product development from Norton, Massachusetts to this site during 2027.

The lease term is twelve years and ten months from August 19, 2026, with a ten‑month construction period through May 31, 2027 and a six‑month base‑rent‑free period through November 30, 2027. Base rent starts December 1, 2027 at $85,000 per month for six months, then about $1.05 million for the next lease year, increasing 3% annually. CPS Technologies pays 47.20% of real estate taxes, operating costs and insurance, plus utilities. The landlord will contribute up to $3.2 million toward qualifying improvements after the company spends at least $1.6 million, and CPS Technologies must post a $510,000 security deposit, potentially reducible to $255,000. The lease includes two five‑year extension options, fair‑market starting rent (at least 103% of the prior lease year) with 3% annual increases, and a right of first offer on adjacent space.

Rhea-AI Summary

CPS Technologies Corp. reported fiscal second-quarter 2026 revenue of $8.3 million, slightly above the prior-year period’s $8.1 million. Gross profit was $1.2 million, a margin of 14.8%, compared with $1.3 million and 16.5% a year earlier. The company posted operating loss of $185,566 and net income of $37,747, or $0.00 per diluted share, versus net income of $103,833, or $0.01 per diluted share, in the 2025 quarter.

For the first six months of 2026, revenue was $15.3 million and the company recorded a net loss of $256,432, compared with net income of $199,795 in the prior-year period. Cash and cash equivalents increased to $15.4 million as of June 27, 2026, from $4.5 million at year-end, while total assets rose to $38.4 million and stockholders’ equity to $33.7 million. Management highlighted strong demand, improved gross margins versus Q1, and an over $9 million secondary offering that it believes positions CPS for a facility move and growth investments.

Rhea-AI Summary

CPS Technologies Corp. entered into securities purchase agreements with institutional investors to sell 1,200,000 shares of common stock in a registered direct offering at $8.00 per share, generating gross proceeds of about $9.6 million. After placement agent fees and other expenses, the company expects net proceeds of approximately $9.0 million, to be used for general corporate purposes such as working capital, capital spending and commercialization of developing technologies.

Roth Capital Partners acted as exclusive placement agent and received a 5.5% cash fee on aggregate gross proceeds plus expense reimbursement. The company agreed to a 45‑day restriction on new equity issuances and a 180‑day restriction on specified variable rate transactions after closing. Separately, CPS amended its Restated Certificate of Incorporation to increase authorized common shares from 20,000,000 to 25,000,000.

Rhea-AI Summary

CPS Technologies Corp. appointed Christopher S. Fraser as Chief Financial Officer, with responsibilities beginning on May 18, 2026, succeeding Charles K. Griffith Jr., who will retire at the end of May after a brief transition period.

Mr. Fraser will receive an annual base salary of $270,000, eligibility for the Company’s annual bonus program starting with the 2026 fiscal year, and a stock option grant for 60,000 shares of common stock, vesting in four equal annual installments. He will also receive a $25,000 relocation payment, standard employee benefits, and participate in the Company’s 401(k) and health plans on the same terms as other employees.

Under a change of control severance agreement, Mr. Fraser is entitled to 12 months of salary continuation and reimbursement of the Company-paid portion of COBRA premiums if he is terminated other than for cause in connection with a change of control, along with full acceleration of any unvested stock options, subject to specified conditions and restrictive covenants.

Rhea-AI Summary

CPS Technologies reported weaker results for the fiscal first quarter ended March 28, 2026. Revenue was $7.0 million compared with $7.5 million a year earlier, mainly from order timing. Gross profit fell to $0.6 million, or 8.6% of revenue, versus $1.2 million and 16.4%.

The company posted a net loss of $(0.3) million, or $(0.02) per diluted share, versus net income of $0.1 million, or $0.01 per diluted share in the prior-year quarter. Management cited the effect of lower revenue on fixed costs and cost accounting tied to adding over $1.5 million to inventory ahead of a planned move to a larger manufacturing complex.

CPS highlighted new business, including the U.S. Navy’s decision to exercise a 6‑month, $100,000 Phase I SBIR option and a $4 million hermetic packaging order. Cash and cash equivalents were $5.7 million and marketable securities were $6.8 million, with stockholders’ equity of $24.4 million as of March 28, 2026.

Rhea-AI Summary

CPS Technologies Corp. reported results of its 2026 Annual Meeting of Stockholders, where all proposals received strong support. Stockholders elected five directors, each receiving in excess of 70% of votes cast, and turnout represented 60.6% of the 18,006,963 common shares outstanding and eligible to vote.

Stockholders approved, on an advisory basis, named executive officer compensation with 6,460,547 votes for, or 95.2%. They also preferred advisory votes on executive pay every year, with 4,622,574 votes, or 68.1%. An amendment to increase authorized common shares from 20,000,000 to 25,000,000 was approved with 10,332,062 votes for, or 94.7%.

Stockholders ratified the selection of the independent registered public accounting firm with 10,611,452 votes for, or 97.3%. Following the meeting, the Board elected I. James Cavoli to serve as chairman of the Board until the Board meeting following the next annual meeting of stockholders and until his successor is elected and qualified.

Rhea-AI Summary

CPS Technologies reported record 2025 sales of $32.6 million, a 54% increase over 2024, and turned from a net loss to net income of $420,354 for the year. Fourth-quarter revenue rose to $8.2 million from $5.9 million, driven by higher production, increased shipments, and higher gold prices.

Fourth-quarter gross margin improved to 14.6% from a negative 5.1% a year earlier, while the operating loss narrowed significantly and net income was $12,594 versus a prior net loss of $995,153. SG&A rose to $1.3 million, largely due to higher variable compensation and sales commissions tied to stronger results.

The balance sheet strengthened notably, with total assets increasing to $29.5 million from $18.9 million, including cash and cash equivalents of $4.5 million and marketable securities of $8.8 million. Stockholders’ equity grew to $24.6 million, and the company highlighted a recent capital raise and ongoing plans for a larger advanced manufacturing facility as it targets continued revenue growth and margin expansion in 2026.

Rhea-AI Summary

CPS Technologies Corp. reported that its Chief Financial Officer, Charles K. Griffith, Jr., plans to retire from the company in 2026. Griffith, who also serves as corporate secretary, informed the Board of Directors on December 11, 2025 that he expects his retirement to become effective around the middle of the second quarter or early in the third quarter of 2026. The company intends to begin a search for a successor, and Griffith, age 72, expects to work with the chosen candidate to ensure a proper transition. This filing focuses on leadership succession planning rather than financial results or transactions.

Rhea-AI Summary

CPS Technologies (CPSH) furnished an update under Item 2.02, noting it issued a press release announcing financial results for the three months ended September 27, 2025. The press release is attached as Exhibit 99 and incorporated by reference.

The company states the Item 2.02 information, including Exhibits 99.1 and 99.2, is being furnished and not filed under the Exchange Act. The filing also includes a customary caution that the press release contains forward‑looking statements.

Rhea-AI Summary

CPS Technologies Corp. completed an underwritten public offering of 3,450,000 shares of common stock on October 8, 2025, including full exercise of a 450,000-share overallotment option, at a public offering price of $3.00 per share. The company received net proceeds of approximately $9.5M after underwriting discounts, commissions and estimated expenses. Net proceeds are planned for general corporate purposes, including working capital, capital expenditures and expanding production capacity, potentially via a local move to a larger facility. Directors and executive officers agreed to a customary 90-day lock-up following closing, subject to specified exceptions. The offering was made under a Form S-3 shelf registration and related prospectus supplements filed with the SEC.