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May CVD Equipment Corporation Announces Exercise of Over-Allotment Option and Closing of Public Offering
RONKONKOMA, N.Y., (Business Wire) – May 27, 2011 – CVD Equipment Corporation (Nasdaq: CVV) today announced that the underwriter of its public offering of common stock which was announced on May 24, 2011 has exercised in full its over-allotment option to purchase 126,255 additional shares of the Company’s common stock.
Including the over-allotment shares, a total of 967,950 shares of common stock were sold at $10.50 per share. The sale of all of the shares including the over-allotment shares closed on May 27, 2011.
The net