$SHIM

Shimmick Corp secured a $14.3M equipment-backed loan at 9.31% from Sixty-First Commercial Finance, maturing in 2031. The company also refinanced and amended other credit facilities to streamline documentation and improve liquidity.

Shimmick Corp (SHIM) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. Item 1.01 Entry into a Material Definitive Agreement. On October 2, 2026 (the “Closing Date”), Shimmick Corporation (the “Company”), through its wholly-owned subsidiary Shimmick Construction Company, Inc. (the “Borrower”), and Sixty-First Commercial Finance, LLC (the “Lender”) en

Shimmick Corporation reported Q2 2026 consolidated revenue of $107 million and gross margin of 12%, citing noncore project wind-down and efficiency gains. Backlog rose to $991 million with 1.4x book-to-burn. Full-year 2026 guidance updated to revenue of $525 million to $575 million and adjusted EBITDA of $15 million to $30 million.

AECOM filed an amended Schedule 13D reporting beneficial ownership of Shimmick Corp common stock. AECOM reports 7,745,000 shares, or 18.7% of the class, based on 41,335,823 shares outstanding as of Aug. 7, 2026. It holds 6,708,051 shares directly and may acquire 1,036,949 within 60 days under an Escrow Services Agreement.

Shimmick Corp (SHIM) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 Shimmick Corporation Announces Second Quarter 2026 Results Irvine, CA, August 10, 2026 – Shimmick Corp. (NASDAQ: SHIM), a leading infrastructure solutions provider in water, electrical and other critical infrastructure construction services, today announced financial

The U.S. Army Corps of Engineers terminated Shimmick from a $309 million Chickamauga Dam lock chamber contract, alleging the contractor failed to prosecute work diligently, maintain the schedule and correct deficiencies. The contract required completion by Jan. 27, 2026. The Corps said the overall project costs about $954 million and targets an operational navigation lock in 2028. Shimmick disputes the termination and plans to appeal within 90 days.

Shimmick (NASDAQ: SHIM) announced the pricing of an underwritten public offering of 3,730,000 common shares at $3.50 per share, aiming to raise approximately $12.2 million in net proceeds. These funds are intended for working capital and general corporate purposes. The offering includes a 30-day option for underwriters to purchase an additional 559,500 shares and is expected to close on May 26, 2026.

Shimmick Corp's Chief Operating Officer, Sarah Beth Tacker, has been granted two new Restricted Stock Unit (RSU) awards, totaling 88,652 RSUs and 26,596 RSUs. These RSUs will vest and convert into common stock based on her continued service, with vesting dates in May 2026 and April 2027. This insider activity indicates equity compensation rather than direct stock purchases or sales.

Short interest in Shimmick Corporation (NASDAQ:SHIM) significantly increased by 49.9% in January, reaching 16,435 shares. The stock opened up 10.3% at $3.75, with a market capitalization of $134.3 million, and recently reported earnings that surpassed estimates. Analysts have a split view, with a consensus "Hold" rating and an average target price of $6.00.

Shimmick's (SHIM) average one-year price target has been raised by 50.00% to $4.59 per share, up from $3.06, according to analyst estimates. This new target represents a 23.06% increase from the last closing price of $3.73. Institutional ownership data shows 24 funds holding positions in Shimmick, with some firms like Pacific Ridge Capital Partners increasing their portfolio allocation despite a decrease in total institutional shares owned.