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Last $12.04 USD
Change Today -0.16 / -1.31%
Volume 64.0K
ASYS On Other Exchanges
As of 8:10 PM 04/24/15 All times are local (Market data is delayed by at least 15 minutes).

amtech systems inc (ASYS) Snapshot

Previous Close
Day High
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52 Week High
06/27/14 - $13.00
52 Week Low
12/15/14 - $7.52
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Average Volume 10 Days
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Dividend Yield
Current Stock Chart for AMTECH SYSTEMS INC (ASYS)

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amtech systems inc (ASYS) Details

Amtech Systems, Inc. designs, assembles, sells, and installs capital equipment and related consumables used in the manufacture of wafers, primarily for the solar and semiconductor industries worldwide. The company operates through two segments, Solar and Semiconductor Equipment, and Polishing Supplies. The Solar and Semiconductor Equipment segment offers thermal processing systems, including related automation, parts, and services to the solar/photovoltaic, semiconductor, silicon wafer, and microelectromechanical systems industries; and plasma-enhanced chemical vapor deposition equipment to the solar market. This segment also offers horizontal diffusion furnaces; solar automation products, including mass wafer transfer systems, sorters, long-boat transfer systems, load station elevators, buffers, and conveyers; solar ion implant systems; semiconductor automation products; and small batch vertical furnaces. The Polishing Supplies segment provides silicon wafers for semiconductor products, sapphire substrates for LED lighting and mobile devices, silicon carbide for LED lighting, various glass and silica components for 3D image transmission, quartz and ceramic components for telecommunications devices, medical device components, and computer hard disks under the PR Hoffman brand name. The company sells its products through sales personnel, and a network of independent sales representatives and distributors. The company was formerly known as Quartz Engineering & Materials, Inc. and changed its name to Amtech Systems, Inc. in 1987. Amtech Systems, Inc. was founded in 1981 and is based in Tempe, Arizona.

262 Employees
Last Reported Date: 11/20/14
Founded in 1981

amtech systems inc (ASYS) Top Compensated Officers

Chief Executive Officer, President, Chief Tec...
Total Annual Compensation: $258.1K
Co-Founder, Executive Chairman and Member of ...
Total Annual Compensation: $224.0K
Chief Financial Officer, Chief Accounting Off...
Total Annual Compensation: $180.2K
Compensation as of Fiscal Year 2014.

amtech systems inc (ASYS) Key Developments

Amtech Systems, Inc. Receives 180-Day Cure Period From NASDAQ To Regain Compliance

On March 9, 2015, Amtech Systems, Inc. received a letter from the Nasdaq Stock Market LLC (NASDAQ) Listing Qualifications Department notifying the company that, pursuant to NASDAQ Listing Rules 5605(b)(1)(A) and 5605(c)(4), NASDAQ was providing the company with a 180-day cure period to (i) regain a board of directors comprised of a majority of independent directors and (ii) add a third member to the Board’s audit committee. As previously reported on the company’s current report on Form 8-K filed with the U.S. Securities and Exchange Commission on February 23, 2015, an independent director resigned from the Board effective as of February 19, 2015. Upon such resignation, the company was no longer in compliance with Listing Rules 5605(b)(1) and 5605(c)(2)(A), which require the Board to be comprised of a majority of independent directors and the Audit Committee to be comprised of at least three members, respectively. Pursuant to the letter received from NASDAQ, the company has until August 18, 2015 to regain compliance with the NASDAQ Listing Rules; however, the company expects to regain full compliance with both Listing Rules immediately following the company’s annual meeting of stockholders to be held on April 9, 2015. At the Annual Meeting, the stockholders will vote on a director slate recommended by the Board that, if elected, will constitute a Board comprised of a majority of independent directors. Once the stockholders elect the members of the Board, the Board will appoint a third independent director to serve on the Audit Committee. The company plans to submit to NASDAQ documentation evidencing it has regained compliance with the Listing Rules, including biographies of any new directors, prior to August 18, 2015.

Amtech Systems Inc., Annual General Meeting, Apr 09, 2015

Amtech Systems Inc., Annual General Meeting, Apr 09, 2015., at 09:00 US Eastern Standard Time. Location: The Tempe Mission Palms Hotel, 60 East 5 Street. Agenda: To elect seven directors to serve for one-year terms or until their successors are elected and qualified; to ratify the appointment of Mayer Hoffman McCann P.C. as the company's independent registered public accountants for the fiscal year ending September 30, 2015; to approve an amendment to the company's 2007 Employee Stock Incentive Plan; to hold an advisory vote approving the compensation of the company's named executive officers; and to transact any other business.

Alfred W. Giese Resigns as Amtech Systems, Inc.'s Board of Director and Board's Audit Committee, Effective as of February 19, 2015

On and effective as of February 19, 2015, Alfred W. Giese resigned from the Amtech Systems Inc. Board of Directors and from the Board's Audit Committee.


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