8-K - CVD Equipment Corporation | StockGist

AI Analysis

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CVD Equipment Corporation entered into an Asset Purchase Agreement on March 23, 2026, to sell all or substantially all assets of its Stainless Design Concepts (SDC) business division to Atlas Copco Group for $16,900,000, subject to adjustments. The transaction provides net cash proceeds of approximately $15.0 million after expenses and taxes, strengthening the balance sheet and enabling focus on core CVD Equipment business.

Key Takeaways

1Entered Asset Purchase Agreement on March 23, 2026, with Atlas Copco Group

2Selling SDC business division assets for $16,900,000 purchase price, subject to adjustment

3$900,000 of purchase price held in escrow for post-closing adjustments and indemnification

4Retains ownership of Saugerties, New York facility, to be leased to buyer for initial two years

5Closing expected in second quarter of 2026, subject to customary conditions

6Net cash proceeds approximately $15.0 million after transaction expenses and taxes

Current Report Details

Event Type

Material Agreement

Exhibits Only

Disclosure

Mandatory

Variant

8-K

Items Reported

1.01

. Entry Into Material Definitive Agreement On March 23, 2026, CVD Equipment Corporation, a New York corporation (the “Company”), entered into an Asset Purchase

Material Agreement

$16.9M$900.0K

9.01

. Financial Statements and Exhibits (d) Exhibits Exhibit No. Description 99.1 Press Release dated March 24, 2026 104 Cover Page Interactive Data File (embedded

Exhibits Only

Source Document

Transaction Details

Material Agreement

Agreement: Asset Purchase Agreement
Parties: CVD Equipment Corporation, Atlas Copco Group

•Sale to Buyer of all or substantially all assets related to Stainless Design Concepts (SDC) business division, excluding other Company assets
•Aggregate consideration of $16,900,000 subject to Purchase Price Adjustment
•$900,000 placed in escrow at Closing for post-Closing adjustments and indemnification
•Company retains Saugerties, New York facility, leased to Buyer for initial term of two years post-Closing
•Customary representations, warranties, covenants, and indemnification provisions
•Closing subject to customary conditions including third-party consents; expected in second quarter of 2026

Exhibits (2)

8-K

99.1

EX-99.1