Camtek Files a Technical Update to its Shelf Registration to Reflect the Recent PCB Transaction - No Current Intention to Raise Equity
MIGDAL HAEMEK, Israel, October 10, 2017 /PRNewswire/ --
Camtek Ltd. (NASDAQ: CAMT) and (TASE: CAMT), today announced that it has filed an update to its shelf registration statement on Form F-3 with the U.S. Securities and Exchange Commission (SEC), which was declared effective by the SEC in April 2017.
Following the recent significant change in Camtek's business structure given the sale of the Company's PCB assets, an amendment to the registration statement on Form F-3 is required by SEC rules to reflect those changes.
Given its current cash balance, the Company has no plans to offer securities under its shelf registration statement, and any future offering would be subject to market conditions and approval by the Company's Board of Directors.
About Camtek Ltd.
Camtek provides inspection, metrology and software solutions dedicated for enhancing production processes and yield in the semiconductor market.
Camtek addresses the specific needs of the semiconductor industry most demanding segments, ranging from the most advanced R&D labs to high volume production, with dedicated solutions based on state-of-the-art technologies supporting the industry-specific requirements. Camtek's innovations have made it a technological leader. Camtek systems are installed in 34 countries around the world, winning significant market share in all its served markets. Camtek's customer base includes all semiconductor leading manufacturers and OSATs.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to the registration or qualification under its securities laws. Any offering of the securities covered under the shelf registration statements will be made solely by means of the prospectus included in the relevant registration statement and any applicable prospectus supplement issued with respect to any offering.
This press release is available at http://www.camtek.com
This press release may contain projections or other forward-looking statements regarding future events or the future performance of the Company. These statements are only predictions and may change as time passes. We do not assume any obligation to update that information. Actual events or results may differ materially from those projected, including as a result of changing industry and market trends, reduced demand for our products, the timely development of our new products and their adoption by the market, increased competition in the industry, intellectual property litigation, price reductions as well as due to risks identified in the documents filed by the Company with the SEC.
Camtek Ltd.
P.O.Box 544, Ramat Gabriel Industrial Park
Migdal Ha'Emek 23150, ISRAEL
Tel: +972 (4) 604-8100; Fax: +972 (4) 644-0523
E-Mail: [email protected]
Web site: http://www.camtek.com
CAMTEK LTD.
Moshe Eisenberg, CFO
Tel: +972-4-604-8308
Mobile: +972-54-900-7100
[email protected]
INTERNATIONAL INVESTOR RELATIONS
GK Investor Relations
Ehud Helft/Gavriel Frohwein
Tel: (US) +1-646-688-3559
[email protected]
SOURCE Camtek Ltd
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