Piton Capital Partners LLC Reports 4.1% Stake in Amtech Systems Inc. and Enters Lock-Up Agreement

On June 2, 2026, Piton Capital Partners LLC filed a Schedule 13D/A reporting a new 4.1% ownership stake in Amtech Systems Inc. (ASYS), consisting of 600,000 shares. This filing is part of a larger collective reporting group including Robert Averick (a company director), M3C Holdings LLC, OIH LLC, and a family trust. Collectively, the reporting persons hold 3,009,258 shares acquired for approximately $23 million. The amendment was primarily filed to report that Mr. Averick entered into a Lock-Up Agreement on June 1, 2026, with Titan Partners Group LLC in connection with an underwritten public offering. Under the agreement, Mr. Averick and associated entities are restricted from disposing of shares for 60 days following the offering's closing date. Additionally, Mr. Averick reported the exercise of 18,000 director stock options on May 28, 2026, at prices ranging from $7.40 to $11.51 per share. Mr. Averick now shares voting and dispositive power over a total of 2,986,341 shares (20.6% of the class).