Current Report · Items 1.01, 9.01 · 8-K
Ultra Clean Holdings, Inc.
UCTTNASDAQEQUITYCurrent
Entry into a Material Definitive Agreement
Item 1.01. Entry into a Material Definitive Agreement. Sales Agreement On August 14, 2026, Ultra Clean Holdings, Inc. (the “Company”) entered into a sales agreement (the “Sales Agreement”) with UBS Securities LLC, Barclays Capital Inc., Craig-Hallum Capital Group LLC and Oppenheimer & Co. Inc.…
Recent company filings
- 3 filingOct 2, 2026
- Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory ArrangementsSep 30, 2026
- 424B5 filingAug 14, 2026
- Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory ArrangementsAug 6, 2026
- 10-Q filingAug 4, 2026
Disclosure sections
Item 1.01Item 1.01 - Entry into Material Agreement
Item 1.01. Entry into a Material Definitive Agreement.
Sales Agreement
On August 14, 2026, Ultra Clean Holdings, Inc. (the “Company”)
entered into a sales agreement (the “Sales Agreement”) with UBS Securities LLC, Barclays Capital Inc., Craig-Hallum Capital
Group LLC and Oppenheimer & Co. Inc. (each, a “Sales Agent” and collectively, the “Sales Agents”), under which
the Company may offer and sell, from time to time in its sole discretion, up to $400 million of shares of its common stock, $0.001 par
value per share (the “Common Stock”), through an “at-the-market” offering program (the “ATM Offering”).
Subject to the terms and conditions of the Sales Agreement, the Sales
Agents will use reasonable efforts consistent with their normal trading and sales practices, applicable state and federal laws, rules
and regulations, and the rules of The Nasdaq Global Select Market to sell the shares of Common Stock from time to time based upon the
Company’s instructions for the sales, including any price, time or size limits specified by the Company. Under the Sales Agreement,
the Sales Agents may sell the shares of Common Stock by any method permitted by law, including in ordinary brokers’ transactions,
to or through a market maker, on or through The Nasdaq Global Select Market or any other market venue where the securities may be traded,
in the over-the-counter market, in privately negotiated transactions, or through a combination of any such methods of sale. The Company
is not obligated to sell any shares of Common Stock under the Sales Agreement and may at any time suspend sales under the Sales Agreement.
The Sales Agents’ obligations to sell the shares of Common Stock under the Sales Agreement are subject to satisfaction of certain
conditions, including customary closing conditions.
The Sales Agreement provides that the Sales Agents will be entitled
to compensation for their services in the form of a commission of up to 3.0% of the gross offering proceeds of shares of Common Stock
sold under the Sales Agreement, and the Company has agreed to reimburse the Sales Agents for certain specified expenses. The Company has
also agreed to provide the Sales Agents with customary indemnification and contribution rights. The Sales Agreement may be terminated
for any reason by the Company at any time by giving written notice to the Sales Agents or by any Sales Agent at any time, with respect
to such Sales Agent only, by giving written notice to the Company.
The sales and issuances of the shares of Common Stock under the Sales
Agreement will be made pursuant to an automatic shelf registration statement on Form S-3 initially filed with the Securities and Exchange
Commission (the “SEC”) on March 25, 2024 (Registration No. 333-278195) (the “Shelf Registration Statement”), a
base prospectus, dated March 25, 2024, included as part of the Shelf Registration Statement and a prospectus supplement, dated August
14, 2026.
The foregoing description of the Sales Agreement does not purport to
be complete and is qualified in its entirety by reference to the full text of the Sales Agreement, a copy of which is filed herewith as
Exhibit 1.1 to this Current Report on Form 8-K and is incorporated herein by reference.
A validity opinion issued by the Company’s counsel with respect
to the shares of Common Stock sold in the ATM Offering is filed as Exhibit 5.1 hereto.
This Current Report on Form 8-K shall not constitute an offer to sell
or the solicitation of an offer to buy any securities, nor shall there be any sale of such securities in any state or jurisdiction in
which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such
state or jurisdiction.