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Charles Kellogg Griffith Jr., Chief Financial Officer of CPS Technologies CORP/DE/ (NASDAQ:CPSH), recently purchased 4,000 shares of the company’s common stock at a price of $3.0 per share, according to a Form 4 filing with the Securities and Exchange Commission. The stock, which has delivered a remarkable 142% return over the past year, currently trades at $3.81. According to InvestingPro analysis, the company appears fairly valued at current levels.
The transaction, which occurred on October 8, 2025, amounted to a total investment of $12,000. Following the purchase, Griffith directly owns 41,792 shares of CPS Technologies. The micro-cap company, valued at $54 million, maintains a strong balance sheet with more cash than debt and a healthy current ratio of 3.34. For deeper insights into insider trading patterns and comprehensive analysis, InvestingPro subscribers can access the detailed Pro Research Report, available for over 1,400 US stocks.
In other recent news, CPS Technologies Corp. completed a public stock offering, raising approximately $10.35 million in gross proceeds. The offering involved 3,000,000 shares of common stock priced at $3.00 per share, with an additional 450,000 shares sold through the underwriter’s over-allotment option. This follows the company’s earlier announcement of a $9 million public offering priced similarly at $3.00 per share. Roth Capital Partners served as the sole book-running manager for these offerings. CPS Technologies plans to use the net proceeds for general corporate purposes, including working capital and capital expenditures. Additionally, the company was awarded a $125,000 Phase I Small Business Innovation Research contract by the U.S. Department of Energy. This contract aims to fund research for developing high-performance impact limiters for transporting spent nuclear fuel. These developments reflect CPS Technologies’ ongoing efforts to secure funding and advance its research initiatives.
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