SkyWater Technology Files 8-K on Financial Condition
Ticker: SKYT · Form: 8-K · Filed: Feb 26, 2024 · CIK: 1819974
Sentiment: neutral
Topics: financial-condition, 8-K, semiconductors
TL;DR
**SkyWater Technology just dropped an 8-K on its financials, so keep an eye on their performance.**
AI Summary
SkyWater Technology, Inc. filed an 8-K on February 26, 2024, reporting on its results of operations and financial condition. The filing, under Commission File Number 001-40345, indicates that the company, based in Bloomington, Minnesota, is a semiconductor and related devices manufacturer. This current report was filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.
Why It Matters
This filing provides an update on SkyWater Technology's financial health and operational performance, which is crucial for investors to assess the company's current standing and future prospects.
Risk Assessment
Risk Level: low — This 8-K is a routine disclosure of financial condition and operations, not indicating any immediate adverse events.
Key Players & Entities
- SkyWater Technology, Inc. (company) — Registrant
- February 26, 2024 (date) — Date of earliest event reported
- Delaware (company) — State of incorporation
- 001-40345 (dollar_amount) — Commission File Number
- 37-1839853 (dollar_amount) — IRS Employer Identification No.
- 2401 East 86th Street Bloomington, Minnesota 55425 (company) — Address of principal executive offices
- 952-851-5200 (dollar_amount) — Registrant’s telephone number
FAQ
What is the purpose of this 8-K filing by SkyWater Technology, Inc.?
The 8-K filing by SkyWater Technology, Inc. is a current report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934, specifically reporting on 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits'.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on February 26, 2024.
What is SkyWater Technology, Inc.'s Commission File Number?
SkyWater Technology, Inc.'s Commission File Number is 001-40345.
Where is SkyWater Technology, Inc.'s principal executive office located?
SkyWater Technology, Inc.'s principal executive office is located at 2401 East 86th Street, Bloomington, Minnesota 55425.
What is the primary business of SkyWater Technology, Inc. according to its SIC code?
According to its Standard Industrial Classification (SIC) code 3674, SkyWater Technology, Inc.'s primary business is 'SEMICONDUCTORS & RELATED DEVICES'.
Filing Stats: 534 words · 2 min read · ~2 pages · Grade level 11.1 · Accepted 2024-02-26 16:05:48
Key Financial Figures
- $0.01 — ch Registered Common stock, par value $0.01 per share SKYT The Nasdaq Stock Market
Filing Documents
- skyt-20240226.htm (8-K) — 27KB
- skyt-20240226xex991.htm (EX-99.1) — 566KB
- image_0.jpg (GRAPHIC) — 4KB
- 0001819974-24-000003.txt ( ) — 760KB
- skyt-20240226.xsd (EX-101.SCH) — 2KB
- skyt-20240226_lab.xml (EX-101.LAB) — 24KB
- skyt-20240226_pre.xml (EX-101.PRE) — 13KB
- skyt-20240226_htm.xml (XML) — 3KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition On February 26, 2024 , SkyWater Technology, Inc. (the "Company") issued a press release announcing its financial results for the fourth quarter and full fiscal year ended December 31, 2023. The press release is furnished herewith as Exhibit 99.1. In accordance with General Instruction B.2 of Form 8-K, the information in this Item 2.02, including Exhibit 99.1, shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, or otherwise subject to the liability of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, or the Securities Exchange Act of 1934, except as shall be expressly set forth by specific reference in that filing.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits The following documents are filed as exhibits to this report: Exhibit Number Description of Exhibit 99.1 Press release dated February 26, 2024. 104 Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. SkyWater Technology, Inc. Date: February 26, 2024 /s/ Thomas J. Sonderman Name: Thomas J. Sonderman Title: Chief Executive Officer