Silvaco (NASDAQ: SVCO) boosts at-the-market stock offering capacity to $35M
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Silvaco Group, Inc. expanded its at-the-market common stock offering program to a total of $35.0 million under its existing Open Market Sale Agreement with Jefferies LLC. This includes an additional $20.0 million capacity above the previously registered amount.
As of May 7, 2026, the company had sold 752,744 shares for approximately $4,331,280, leaving up to $30,668,720 of common stock available to be offered and sold. Based on a share price of $12.46 and 14,066,661 non‑affiliate shares, the public float was $175,270,596, so Silvaco is no longer subject to the “baby shelf” limitation and may now use General Instruction I.B.1 of Form S‑3.
Positive
- None.
Negative
- None.
8-K Event Classification
2 items: 8.01, 9.01
2 items
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Total ATM capacity: $35.0 million
Incremental ATM increase: $20.0 million
Shares sold under ATM: 752,744 shares
+5 more
8 metrics
Total ATM capacity
$35.0 million
Aggregate at-the-market offering size after May 8, 2026 supplement
Incremental ATM increase
$20.0 million
Additional at-the-market capacity added by new prospectus supplement
Shares sold under ATM
752,744 shares
Common stock sold through at-the-market program as of May 7, 2026
Proceeds from ATM sales
$4,331,280
Aggregate offering price of shares sold via at-the-market program
Remaining ATM capacity
$30,668,720
Maximum additional common stock value that may be sold
Public float value
$175,270,596
Public float calculated under Form S-3 General Instruction I.B.6
Share price used for float
$12.46 per share
Sale price on Nasdaq Global Select Market on May 6, 2026
Non-affiliate shares
14,066,661 shares
Common shares held by non-affiliates used to compute public float
Key Terms
Open Market Sale Agreement℠, at the market offering program, General Instruction I.B.6, baby shelf, +2 more
6 terms
Open Market Sale Agreement℠ financial
"entered into an Open Market Sale Agreement℠ (the “Sales Agreement”) with Jefferies LLC"
at the market offering program financial
"through the at the market offering program pursuant to the Sales Agreement"
General Instruction I.B.6 regulatory
"pursuant to General Instruction I.B.6, often referred to as the “baby shelf” rule"
baby shelf financial
"often referred to as the “baby shelf” rule, because the Company’s public float was below $75 million"
public float financial
"the aggregate market value of the Company’s public float, calculated according to General Instruction I.B.6"
Public float is the total number of a company's shares that are available for trading by the general public. It excludes shares held by company insiders or large stakeholders who are unlikely to sell them easily. This figure helps investors understand how much of the company's stock is actively available, which can influence its liquidity and how easily its price might change.
General Instruction I.B.1 regulatory
"the Company is relying on General Instruction I.B.1 of Form S-3"
FAQ
What did Silvaco Group, Inc. (SVCO) change in its at-the-market offering?
Silvaco increased its at-the-market common stock offering capacity to $35.0 million. The company filed a new prospectus supplement allowing an additional $20.0 million in stock sales under its existing Open Market Sale Agreement with Jefferies LLC.
How much has Silvaco (SVCO) already sold under the ATM program?
Silvaco has sold 752,744 shares of common stock for an aggregate offering price of approximately $4,331,280. These shares were sold through the at-the-market offering program pursuant to the company’s Open Market Sale Agreement with Jefferies LLC.
How much capacity remains in Silvaco’s (SVCO) at-the-market program?
Silvaco may offer and sell up to $30,668,720 of common stock under the updated prospectus supplement. This remaining capacity reflects the new total $35.0 million program minus amounts already sold through the at-the-market facility.
Why is Silvaco (SVCO) no longer subject to the baby shelf limitation?
Silvaco’s public float reached $175,270,596, exceeding the $75 million threshold. This was calculated under Form S-3 General Instruction I.B.6 using a share price of $12.46 and 14,066,661 non-affiliate shares, removing the “baby shelf” constraints.
What Form S-3 instruction does Silvaco (SVCO) now rely on for offerings?
Silvaco now relies on General Instruction I.B.1 of Form S-3. Because its public float is above $75 million, the company is no longer limited by the rolling 12‑month “baby shelf” cap under General Instruction I.B.6 for registered offerings.
Which registration statement and filings cover Silvaco’s (SVCO) ATM program?
The at-the-market program uses Silvaco’s Form S-3 registration statement (File No. 333-291212). It is implemented through an Open Market Sale Agreement with Jefferies and related prospectus supplements dated March 13, 2026 and May 8, 2026.