ICHR ICHOR HOLDINGS, LTD.

BEARISH Impact: 5/10 424B5
Horizon weeks Filed May 18, 2026 Processed 22d 6h ago SEC 0001652535-26-000046
Notable filing: 424B5
Latest settled — T+5d ⚠ clustered
ICHR ▲ +12.97% at T+5d
SHORT call ✗ call lost -12.97% · α vs SPY -10.72% · entry $64.58 → $72.96
Next anchor: T+20d in 6d
Currently $71.60 · -10.87% from $64.58 entry (call sign-flipped)
Entry anchored
May 18, 03:59 PM ET
via Databento tick
T+1d
+1.83%
call -1.83% · α -0.79%
$65.76
settled 22d ago
T+5d
+12.97%
call -12.97% · α -10.72%
$72.96
settled 15d ago
T+20d
call — · α —
in 6d
T+60d
call — · α —
in 2mo

Price Chart

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Executive Summary

Ichor Holdings filed a prospectus supplement for an at-the-market offering of up to $200M in ordinary shares, with net proceeds (~$199.3M) primarily intended to repay its $123.4M term loan facility and for general corporate purposes. The offering represents ~8% dilution at current price and may create modest downward pressure, partially offset by debt reduction.

Actionable Insight

Monitor pace of share sales under the ATM; debt reduction improves credit profile but dilution may pressure near-term stock. Watch for any insider selling during the offering period.

Key Facts

  • ATM offering of up to $200M in ordinary shares, ~2.73M shares at $73.27 (8% of outstanding)
  • Net proceeds estimated at ~$199.3M after expenses
  • Use of proceeds: repay $123.4M term loan (5.92% rate, matures 2030) and general corporate purposes
  • Agents: TD Cowen, Stifel, Needham, Craig-Hallum; commission up to 3.0%
  • Shelf registration (S-3ASR) filed same day; this is the first takedown

Financial Impact

~$199.3M net proceeds, $123.4M debt repayment, ~8% share dilution

dilutiondebtcash

Risk Factors

  • Accelerated share sales could pressure stock price
  • Dilution of ~2.73M shares if full amount sold
  • Proceeds may be used for acquisitions with uncertain returns

Market Snapshot

Exchange
Nasdaq
Sector
Semiconductors & Related Devices
Analyst Consensus
85% bullish (13 analysts)

Documents Analyzed

This report is based on 5 SEC documents filed with EDGAR.

DocumentAccession Number
424B5 Filing (Primary)0001652535-26-000046
Exhibit: exfilingfees.htm0001652535-26-000046
Document: 0001652535-26-000046-index-headers.html0001652535-26-000046
Document: 0001652535-26-000046-index.html0001652535-26-000046
Document: 0001652535-26-000046.txt0001652535-26-000046
16 reports for ICHR
Performance horizon
75% Hit rate 3 of 4 directional calls best @ T+5▲ +4.91%Feb 23, 2026
Filters
Rows
Reports for ICHR — sortable, filterable
Type Now
Jun 9, 2026
today
Insider Cluster
BEARISH ★ 5/10
$71.00 awaiting T+1awaiting T+1$71.60 (−0.85%)
Jun 5, 2026
4d ago
Insider Cluster
BEARISH ★ 5/10
$68.18 awaiting T+1awaiting T+1$71.60 (−5.02%)
Jun 2, 2026
7d ago
144
NEUTRAL ★ 2/10
$72.45 $71.06▼ −1.92%▼ −2.32%$71.60 (−1.17%)
Jun 2, 2026
7d ago
Insider Cluster
NEUTRAL ★ 4/10
$72.45 $71.06▼ −1.92%▼ −2.32%$71.60 (−1.17%)
May 19, 2026
21d ago
Insider Cluster
NEUTRAL ★ 2/10
$65.76 $65.32▼ −0.67%▼ −0.86%$71.60 (+8.88%)
May 19, 2026
21d ago
144
NEUTRAL ★ 2/10
$65.76 $65.32▼ −0.67%▼ −0.86%$71.60 (+8.88%)
May 18, 2026
22d ago
8-K
BEARISH ★ 5/10
$64.58 $65.76▼ −1.83%▼ −0.79%$71.60 (−10.87%)
May 18, 2026
22d ago
424B5
BEARISH ★ 5/10
$64.58 $65.76▼ −1.83%▼ −0.79%$71.60 (−10.87%)
May 15, 2026
25d ago
144
NEUTRAL ★ 2/10
$66.60 $64.58▼ −3.03%▼ −2.38%$71.60 (+7.51%)
May 13, 2026
27d ago
144
NEUTRAL ★ 2/10
$74.51 $74.51· 0.00%▼ −0.01%$71.60 (−3.91%)
Showing 10 of 16

US Market Status

Market Closed — Opens Thu (10h 6m)

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