Mattson Technology aims to raise funding through public stock offering

Needham is bookrunner, with Rodman & Renshaw and Roth as co-managers

By Susanna Moon

Chicago, May 10 - Mattson Technology, Inc. plans a public offering of stock through Needham & Co., LLC as bookrunner, according to a 424B5 filing with the Securities and Exchange Commission.

Proceeds will be used for general corporate purposes, which may include working capital, capital expenditures, other corporate expenses and acquisitions of complementary products, technologies or businesses.

Mattson plans to price the notes on May 11 but the offering is subject to market conditions and there can be no assurance that it will be able to complete the sale, according to a company press release.

The company's shares (Nasdaq: MTSN) closed at $2.20 on May 9.

Rodman & Renshaw, LLC and Roth Capital Partners, LLC are the co-managers for the offering.

Mattson Technology designs, manufactures, markets and supports semiconductor wafer processing equipment used in the fabrication of integrated circuits. The company is based in Fremont, Calif.

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