Axcelis Technologies, Inc. · NASDAQ:ACLS
Axcelis Technologies — Shareholder Meeting (April 2016)
6 slides from Axcelis Technologies's shareholder meeting presentation, Apr 4, 2016
Slide 1: Safe Harbor Statement
Safe Harbor Statement This presentation contains forward-looking statements about the outcome of a proposed reverse stock split, which are forward-looking statements under the SEC’s safe harbor provision. These forward-looking statements are based on management’s current expectations, and are subjec
Slide 2: Proposed 2016 Reverse Stock Split
Proposed 2016 Reverse Stock Split At the 2016 annual meeting, stockholders will vote on a proposal to amend Axcelis’ Certificate of Incorporation to effect a “reverse stock split” of Axcelis common stock in which every four outstanding shares would be combined into one share The reverse split propos
Slide 3: Rationale for 2016 Reverse Stock Split Proposal
Rationale for 2016 Reverse Stock Split Proposal The number of shares of ACLS (~116M) is high compared to peers. Implementing a 1 for 4 reverse stock split would bring our share count in line with our peer group Our share count is primarily a result of the shares issued in the spin out from Eaton Cor
Slide 4: Implementing the Reverse Split
Implementing the 2016 Reverse Stock Split If the stockholders approve the reverse split, the Board of Directors may, in its discretion, effect the reverse stock split at any time before our 2017 annual meeting of stockholders The Board will consider stock market dynamics and company performance in d
Slide 5: Example of Impact of Proposed 2016 Reverse Split
Example of Impact of Proposed 2016 Reverse Split The charts below show the effect of the 1:4 reverse split on an example stockholder position and on the Company as a whole, using prices and share numbers for the record date: In this example, after the 1:4 Reverse Split, the share amounts are 25% of
Slide 6: @ The charts below show the effect of the 1:4 reverse split on an
@ The charts below show the effect of the 1:4 reverse split on an example stockholder position and on the Company as a whole, using prices and share numbers for the record date: {Date (3/11/2016) Number of | : Walues Pro Reverse Spit plit “Shares ‘Price Per Share Total Value Whole Company 116,177,53
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