SAN FRANCISCO, June 2011 — ThinkEquity LLC — A Panmure Gordon Company, a leading investment banking boutique focused on growth companies and their investors, is pleased to announce the completion of a public offering of stock for CVD Equipment Corporation (NASDAQ: CVV).
The Company issued 967,950 shares of common stock at a price of $10.50 per share raising gross proceeds of approximately $10 million. The aggregate number of shares sold reflects and includes the exercise in full by the underwriter of its over-allotment option to purchase 126,255 additional shares of the Company's commons stock.
CVD Equipment Corporation is a designer and manufacturer of standard and custom state-of-the-art equipment used in the development, design and manufacture of advanced electronic components, materials and coatings for research and industrial applications. CVD offers a broad range of chemical vapor deposition, gas control, and other equipment that is used by customers to research, design and manufacture solar cells, Graphene, carbon nanotubes, nanowires, LEDs, MEMS, semiconductors, industrial coatings and equipment for surface mounting of components on to printed circuit boards.
The securities described above were offered by CVD Equipment Corporation pursuant to a shelf registration statement and prospectus supplement filed with and declared effective by the Securities and Exchange Commission. The final prospectus is available at the SEC's website at www.sec.gov, or by contacting ThinkEquity LLC at 600 Montgomery Street, 3rd Floor, San Francisco, CA 94111, Attn: Prospectus Department +1 (415) 249-2935.
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