MIGDAL HAEMEK, Israel, June 9, 2017 /PRNewswire/ --
Following investors' questions and a potentially misleading press report, Camtek Ltd. (NASDAQ: CAMT; TASE: CAMT) wishes to clarify market rumors regarding a recent Company filing with the U.S. Securities Exchange Commission. Its filing of a "final" prospectus on June 7, 2017 was a technical filing relating back to a "shelf" registration filed by the Company and approved by the SEC on April 14, 2017. That registration replaced a nearly identical "shelf" registration that expired on that date.
A shelf registration gives the named parties the right to freely sell the covered securities but not the obligation or commitment to do so. Any sales, if they were to occur, must be made by means of another filing with the SEC (a "prospectus supplement") describing the transaction. No such filing has been made. Neither the Company nor Priortech will comment on any plans to raise capital or sell Camtek shares.
ABOUT CAMTEK LTD.
Camtek Ltd. provides automated and technologically advanced solutions dedicated to enhancing production processes, increasing products yield and reliability, enabling and supporting customers' latest technologies in the Semiconductors, Printed Circuit Boards (PCB) and IC Substrates industries.
Camtek addresses the specific needs of these interconnected industries with dedicated solutions based on a wide and advanced platform of technologies including intelligent imaging, image processing and functional 3D inkjet printing.
This press release is available at http://www.camtek.com
This press release may contain projections or other forward-looking statements regarding future events or the future performance of the Company. These statements are only predictions and may change as time passes. We do not assume any obligation to update that information. Actual events or results may differ materially from those projected, including as a result of changing industry and market trends, reduced demand for our products, the timely development of our new products and their adoption by the market, increased competition in the industry, intellectual property litigation, price reductions as well as due to risks identified in the documents filed by the Company with the SEC.
Moshe Eisenberg, CFO
INTERNATIONAL INVESTOR RELATIONS
GK Investor Relations
Ehud Helft / Gavriel Frohwein
Tel: (US) +1-646-688-3559
SOURCE Camtek Ltd