Veeco Instruments Inc. (VECO) said it priced the offering of 5 million shares of its common stock has priced at $23.75 per share, for gross proceeds of $118.8 million. Veeco intends to use the proceeds from the offering for general corporate purposes, including potential acquisitions.
The offering includes a 30-day option for the underwriters to purchase up to 750 thousand additional shares to cover overallotments, if any.
Veeco is conducting the offering pursuant to an effective registration statement under the Securities act of 1933. The offering is expected to be completed on November 3, subject to customary closing conditions.
For comments and feedback contact: editorial@rttnews.com
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.