IRVINE, Calif., July 16, 2024 (GLOBE NEWSWIRE) -- Shimmick Corporation ("Shimmick" or the "Company") (NASDAQ:SHIM), a leading water infrastructure company, today announced that it has signed a $27,583,595 subcontract for electrical work on the Sunol Valley Water Treatment Plant Ozonation project. The prime contract, valued at $234,782,000, was awarded to J.F. Shea Construction, Inc. by the San Francisco Public Utilities Commission (SFPUC) on May 14, 2024. The project, located in Sunol, Alameda County, aims ...

IRVINE, Calif., June 21, 2024 (GLOBE NEWSWIRE) -- Shimmick Corporation ("Shimmick" or the "Company") (NASDAQ:SHIM), a leading water infrastructure company, today announced organizational changes in its finance leadership to further deliver on its transformation into a more selective and focused water infrastructure company. "Devin has played a critical role over the last few years, helping to establish Shimmick as an independent company, build our financial team and lead our 2023 IPO," said Steve Richards, ...

Amanda Mobley, a long time Shimmick finance professional, will become interim Chief Financial Officer, replacing Devin Nordhagen, who is stepping down from his position as CFO to pursue other business interests. Mr. Nordhagen will remain with the Company for a period of time to assist with an orderly transition. Steve continued, "I am also excited to have Amanda taking on her new responsibilities. Amanda has a long history of working with the Shimmick managers in the field to improve results where she has e ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q Shimmick Corporation (Exact Name of Registrant as Specified in its Charter) Delaware 84-3749368 ( State or other jurisdiction of incorporation or organization) 530 Technology Drive Suite 300 Irvine, CA 92618 (I.R.S. Employer Identification No.) (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 29, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTI ...

Strengthens financial position, setting up the Company for future growth and success Board expands to include new Independent Director and new Committee focused on the long-term value creation IRVINE, Calif., May 20, 2024 (GLOBE NEWSWIRE) -- Shimmick Corporation ("Shimmick" or the "Company") (Nasdaq: SHIM), a leading water infrastructure company, today announced that it has taken several key actions to enhance liquidity and deliver on its transformation into a water infrastructure company. "Today's announce ...

Strengthens financial position, setting up the Company for future growth and success Board expands to include new Independent Director and new Committee focused on the long-term value creation IRVINE, Calif., May 20, 2024 (GLOBE NEWSWIRE) -- Shimmick Corporation ("Shimmick" or the "Company") (Nasdaq: SHIM), a leading water infrastructure company, today announced that it has taken several key actions to enhance liquidity and deliver on its transformation into a water infrastructure company. "Today's announce ...

Exhibit 99.1 Shimmick Corporation Announces First Quarter 2024 Results "Our first quarter results were adversely impacted by the timing of projects starts and delays and additional costs associated with the legacy loss projects," said Steve Richards, Chief Executive Officer of Shimmick. "While we still have work to do, we are making progress in simplifying and evolving the business as evident by recent actions taken to sell non-core assets and continue to wind down our existing Legacy Projects, which weighe ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 29, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number 001-41867 Shimmick Corporation (Exact name of registrant as specified in its Charter) Delaware 84-3749368 (State or other jurisdiction of ...

Exhibit 99.1 Shimmick Corporation Announces Fourth Quarter and Fiscal Year 2023 Results Shimmick realized significant progress with 24% growth in Shimmick Projects, with gross margin of 7% Irvine, CA, March 28, 2024 – Shimmick Corp. (NASDAQ: SHIM), a leading water infrastructure company, today announced financial results for the fiscal year ended December 29, 2023. Fiscal Year 2023 Highlights "We are executing on our strategy as we laid out in our IPO by focusing on higher quality, shorter duration projects ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 29, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-41867 Shimmick Corporation (Exact Name of Registrant as Specified in its Charter) ( State or other jurisdiction of incorporation or organization) 530 Technolog ...