Shimmick Corporation entered into a share issuance agreement with new investor AECOM for issuance of 7,745,000 shares, par value $0.01 per share on May 20, 2024. The offer and sale of the initial shares were, and the offer and sale of the additional shares will be, made in reliance on the exemption from registration pursuant to Section 4(a)(2) of the Securities Act of 1933, as amended (the ?Securities Act?).

On the same day, the company issued 5,144,622 shares. The remaining 2,600,378 shares is subject to approval by the company?s stockholders, pursuant to NASDAQ listing requirements.