Shimmick Corporation (SHIM) Announces Proposed IPO

Shimmick Corporation (NASDAQ: SHIM) has filed for a proposed IPO.

The company describes itself as: "We are a leading provider of water and other critical infrastructure solutions nationwide. Through our predecessor entities, we have a long history of working on complex water projects, ranging from the world’s largest wastewater recycling and purification system in California to the iconic Hoover Dam. According to Engineering News Record, in 2022 we were nationally ranked as a top ten builder of dams and reservoirs (#1), water supply (#3), water treatment and desalination plants (#8) and mass transit (#9). We are led by industry veterans, many with over 20 years of experience, and work closely with our customers to deliver complete solutions, including long-term operations and maintenance."

Roth Capital Partners will serve as sole underwriter.

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