Shimmick cuts ATM shelf to $4.99M
Shimmick Corporation amended its ATM shelf to register up to $4,986,750 of Common Stock for sale pursuant to an At the Market Offering Agreement with Roth Capital Partners.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Shimmick Corporation amended its ATM shelf to register up to $4,986,750 of Common Stock for sale pursuant to an At the Market Offering Agreement with Roth Capital Partners. The supplement reduces the previously registered $7,800,000 amount and continues to permit sales at the market as defined under Rule 415.
The supplement states no shares have been sold under the Prospectus. It reports a last reported sale price of $4.03 per share and an aggregate market value of Common Stock held by non-affiliates of $33.4 million, calculated from 8,278,806 shares as of May 21, 2026. The ATM is subject to the Form S-3 placement limit described in General Instruction I.B.6.
Insights
ATM reduced to $4.99M; no sales yet under the prospectus.
The prospectus supplement amends the existing at-the-market shelf by lowering the registered capacity to $4,986,750 from $7,800,000. It confirms that the Company has not sold any shares under the Prospectus and names Roth Capital Partners as sales agent under the ATM Agreement dated September 8, 2025.
Practical dependencies include the General Instruction I.B.6 cap tied to the aggregate market value of non-affiliate shares; the supplement states that cap mechanics apply while the non-affiliate market value remains below $75 million. Cash-flow treatment and specific timing of any sales are not provided in the excerpt.
Key Figures
Key Terms
At the Market Offering Agreement financial
General Instruction I.B.6 of Form S-3 regulatory
aggregate market value of outstanding Common Stock held by non-affiliates financial
Offering Details
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What change did SHIM make to its ATM shelf?
Who is the sales agent for SHIM's at-the-market offering?
What market-value limit affects SHIM's Form S-3 selling capacity?
What price and market-value figures does the supplement report?
AI-generated analysis. How Rhea-AI works. Not financial advice.
Filed Pursuant to Rule 424(b)(5)
Registration No. 333-288513
PROSPECTUS SUPPLEMENT
(To Prospectus dated July 10, 2025)
Up to $4,986,750 of Common Stock
This prospectus supplement updates and amends certain information contained in the prospectus supplement, dated September 8, 2025 and the base prospectus, dated July 10, 2025 (together, the “Prospectus”), relating to the sale of shares of our common stock, par value $0.01 per share (the “Common Stock”) by Shimmick Corporation (the “Company”) from time to time to or through Roth Capital Partners, LLC (the “Sales Agent”), acting as sales agent pursuant to that certain At the Market Offering Agreement, dated September 8, 2025, by and between the Company and the Sales Agent (the “ATM Agreement”), in sales deemed to be “at the market offerings” as defined in Rule 415 promulgated under the Securities Act of 1933, as amended.
This prospectus supplement should be read in conjunction with the Prospectus and is qualified by reference to the Prospectus, except to the extent that the information presented herein supersedes the information contained in the Prospectus. This prospectus supplement is not complete without, and may only be delivered or used in connection with, the Prospectus, including any amendments or supplements thereto.
Under the Prospectus, we initially registered up to $7,800,000 of the Common Stock for offer and sale pursuant to the ATM Agreement. We have not sold any shares of Common Stock under the Prospectus. We are filing this prospectus supplement to amend the Prospectus to reduce the amount of Common Stock registered under the Prospectus to $4,986,750.
Investing in our common stock involves risks. See the “Risk Factors” sections on page 6 of the base prospectus and in the documents incorporated by reference into this prospectus supplement concerning factors you should consider before investing in our common stock.
We are an “emerging growth company” and a “smaller reporting company” as such terms are defined under the federal securities laws and, as such, are subject to certain reduced public company reporting requirements.
Our Common Stock is listed on the Nasdaq under the symbol “SHIM.” On May 21, 2026, the last reported sale price of our Common Stock on Nasdaq was $4.03 per share. As of May 21, 2026, the aggregate market value of our outstanding Common Stock held by non-affiliates was approximately $33.4 million, which was calculated based on 8,278,806 shares of outstanding common stock held by non-affiliates multiplied by a price per share of $4.03, the closing price of our Common Stock on that date. Pursuant to General Instruction I.B.6 of Form S-3, in no event will we sell the shelf securities in a public primary offering with a value exceeding more than one-third of the aggregate market value of our Common Stock held by non-affiliates in any 12-month period immediately prior to the date of any such offering, so long as the aggregate market value of our outstanding Common Stock held by non-affiliates remains below $75 million. During the 12 calendar months prior to and including the date of this prospectus supplement, we have not offered or sold any securities pursuant to General Instruction I.B.6 of Form S-3.
Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or passed upon the accuracy or adequacy of this prospectus supplement. Any representation to the contrary is a criminal offense.
Roth Capital Partners
The date of this prospectus supplement is May 22, 2026.