Summary by Moomoo AI
SkyWater Technology, Inc., a semiconductor company, is set to experience a significant transaction as CMI Oxbow Partners, LLC, a 10% stockholder, plans to sell 874,989 shares of common stock. The sale, with an aggregate market value of approximately $10,062,373, is scheduled for 02/29/2024. These shares were originally acquired during SkyWater Technology's Initial Public Offering on 04/21/2021, with CMI Oxbow Partners obtaining a total of 27,995,400 shares through direct ownership from CMI Acquisition. In the past three months, CMI Oxbow Partners has sold 500,000 shares, generating gross proceeds of $4,015,000.