• Shimmick priced an underwritten public offering of 3,730,000 common shares at USD 3.5 per share.
• Net proceeds expected at about USD 12.2 million, assuming no exercise of the overallotment option.
• Underwriters hold a 30-day option to buy up to 559,500 additional shares to cover overallotments.
• Closing expected May 26, 2026, subject to customary conditions.
• Proceeds earmarked for working capital, general corporate purposes.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Shimmick Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605220815PRIMZONEFULLFEED9725326) on May 22, 2026, and is solely responsible for the information contained therein.