Intevac

Overview

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• TickerIVAC on NASDAQ¹
• IndustrySpecial Industry Machinery, NEC¹
• HeadquartersSanta Clara¹
• Websitewww.intevac.com
• Incorporated inDE⁵
• Business address3560 Bassett Street, Santa Clara, Ca 95054⁵
• Filer categoryNon-accelerated filer, Smaller reporting company⁵

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Intevac, Inc. was a producer of thin film deposition systems and equipment for making hard disk drives.³

Corporate structure

Intevac sits at the top of its group. 9 entities, 5 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Intevac reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

Investments

Intangibles and goodwill

Inventory

Properties, in its own words

Intevac maintains its corporate headquarters in Santa Clara, California. The location, approximate size and type of facility of the principal properties are listed below. Intevac leases all of its properties and does not own any real estate.

Location · Square Footage · Principal Use

Item 2 of the 10-K filed Feb 14, 2025.¹⁶

Leadership

Who has led Intevac, and when. Pick a name to see everywhere that person has worked.

• Chief executive officerNigel Hunton Feb 1, 2022 to Apr 1, 2025¹⁷
• Chief executive officerNorman H. Pond Feb 4, 2013 to May 13, 2013¹⁸
• Chief executive officerWendell Thomas Blonigan Jul 17, 2013 to May 21, 2021¹⁹
• Chief executive officerKevin Fairbairn Feb 13, 2006 to Nov 8, 2012²⁰
• ChairNorman H. Pond Feb 13, 2006 to Jun 8, 2015²¹
• PresidentNigel Hunton Feb 1, 2022 to Apr 1, 2025¹⁷
• PresidentWendell Thomas Blonigan Jul 17, 2013 to May 21, 2021¹⁹
• PresidentKevin Fairbairn Feb 13, 2006 to Nov 8, 2012²⁰
• PresidentVerle Aebi Feb 13, 2006 to Sep 1, 2006²²
• Chief financial officerCameron McAulay Jul 18, 2024 to Apr 1, 2025²³
• Chief financial officerKevin Soulsby Aug 8, 2023 to Jul 11, 2024²⁴
• Chief financial officerJames P. Moniz Nov 17, 2014 to Aug 4, 2023²⁵
• Chief financial officerCharles B. Eddy Aug 20, 2007 to Sep 25, 2014²⁶
• Chief operating officerColin John Dickinson Apr 1, 2025 to Apr 1, 2025²⁷
• Chief operating officerLuke Marusiak Feb 13, 2006 to Jun 25, 2012²⁸

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

• IRPC, Inc. – Santa Clara, California⁶
• Intevac (Shenzhen) Co. Ltd. China⁶
• Intevac Asia Private Limited Singapore⁶
• Intevac Foreign Sales Corporation Barbados⁶
• Intevac Malaysia Sdn Bhd Malaysia⁶
• Intevac Pacific Group Holdings Ltd. Pte Singapore⁶
• Intevac Photonics, Inc. Delaware⁶
• Lotus Technologies, Inc. – Santa Clara, California⁶

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Timeline

1. Mar 31, 20258-K Completed an acquisition or sale; Listing notice or transfer; Change to shareholders' rights⁶²
2. Feb 13, 20258-K Entered a material agreement; Bylaws or fiscal year changed; Other events⁶³
3. Dec 12, 20248-K Exit or restructuring costs; Impairment; Executive or director change⁶⁴
4. Nov 13, 20248-K Entered a material agreement; Results of operations; Executive or director change⁶⁵
5. Oct 1, 20248-K Executive or director change⁶⁶
6. Aug 27, 20248-K Executive or director change⁶⁷
7. Aug 5, 20248-K Results of operations⁶⁸
8. Jul 10, 20248-K Executive or director change⁶⁹
9. May 17, 20248-K Executive or director change; Shareholder vote⁷⁰
10. Apr 25, 20248-K Results of operations⁷¹
11. Feb 5, 20248-K Results of operations⁷²
12. Dec 6, 20238-K Entered a material agreement; New debt or obligation⁷³
13. Feb 1, 2022New chief executive Nigel Hunton becomes CEO¹⁷
14. Jul 17, 2013New chief executive Wendell Thomas Blonigan becomes CEO¹⁹
15. Feb 4, 2013New chief executive Norman H. Pond becomes CEO¹⁸
16. Feb 13, 2006New chief executive Kevin Fairbairn becomes CEO²⁰
17. 1991Founded Founded¹

Calendar

When it reported results

1. Nov 13, 2024Reported quarterly or annual results⁶⁵
2. Aug 5, 2024Reported quarterly or annual results⁶⁸
3. Apr 25, 2024Reported quarterly or annual results⁷¹
4. Feb 5, 2024Reported quarterly or annual results⁷²
5. Nov 1, 2023Reported quarterly or annual results⁷⁴
6. Aug 2, 2023Reported quarterly or annual results⁷⁵
7. May 3, 2023Reported quarterly or annual results⁷⁶
8. Feb 1, 2023Reported quarterly or annual results⁷⁷

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

208 filings to the SEC since October 2021: 5 annual reports, 10 quarterly reports, 35 major events, 95 insider forms, 22 large holders, 41 other. The latest 20:

1. Apr 14, 202515-12G EDGAR
2. Apr 2, 2025SCHEDULE 13D/A EDGAR
3. Apr 1, 20254 EDGAR
4. Apr 1, 20254 EDGAR
5. Apr 1, 20254 EDGAR
6. Apr 1, 20254 EDGAR
7. Apr 1, 20254 EDGAR
8. Apr 1, 20254 EDGAR
9. Apr 1, 20254 EDGAR
10. Apr 1, 20254 EDGAR
11. Apr 1, 20254 EDGAR
12. Mar 31, 202525-NSE EDGAR
13. Mar 31, 2025S-8 POS EDGAR
14. Mar 31, 2025S-8 POS EDGAR
15. Mar 31, 2025S-8 POS EDGAR
16. Mar 31, 2025S-8 POS EDGAR
17. Mar 31, 2025S-8 POS EDGAR
18. Mar 31, 2025S-8 POS EDGAR
19. Mar 31, 2025S-8 POS EDGAR
20. Mar 31, 2025S-8 POS EDGAR

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

21 open-market trades by officers, directors and large owners since October 2021: 17 buys and 4 sales. Grants, option exercises and gifts are left out.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

• GAMCO InvestorsSCHEDULE 13D/A, 4 filings Aug 18, 2023 to Apr 2, 2025⁷⁸
• Bleichroeder LPSCHEDULE 13G/A, 3 filings Feb 14, 2023 to Mar 21, 2025⁷⁹
• ROYCE & ASSOCIATES LPSCHEDULE 13G/A, 6 filings Jan 21, 2022 to Mar 4, 2025⁸⁰
• BlackRockSC 13G/A, 2 filings Jan 26, 2024 to Jul 8, 2024⁸¹
• NEEDHAM INVESTMENT MANAGEMENT LLCSC 13G/A, 3 filings Feb 14, 2022 to Feb 14, 2024⁸²
• DIMENSIONAL FUND ADVISORS LPSC 13G/A, 3 filings Feb 8, 2022 to Feb 9, 2024⁸³
• VANGUARD GROUP INCSC 13G/A, 1 filing Feb 10, 2022⁸⁴

SEC filer profile

How Intevac is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

• Name on EDGARINTEVAC INC²
• CIK0001001902
• Employer ID (EIN)94-3125814¹⁶
• Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; not a shell company¹⁶
• Incorporated inDelaware¹⁶
• Fiscal year endsDecember 31²
• Industry code (SIC)3559 Special Industry Machinery, NEC²
• SEC reviewing officeOffice of Technology, Division of Corporation Finance²
• Business address3560 Bassett Street, Santa Clara, CA 95054²
• Phone4089869888²
• Shares outstanding27,168,081 shares as of Feb 14, 2025¹⁶
• Public float$100.6M as of Jun 28, 2024¹⁶
• AuditorSan Jose, California PCAOB ID 207; no auditor attestation of internal control over financial reporting¹⁶
• On EDGAR sinceMay 7, 1996²
• Filings1,416 in all: 4 (636), 8-K (209), SC 13G/A (93), 10-Q (87), 3 (41), 424B3 (35), SC 13G (31), S-8 POS (28)²
  All 53 form types

  10-K (27), DEF 14A (27), S-8 (26), 5 (17), DEFA14A (14), ARS (13), SC 13D/A (12), SD (11), UPLOAD (11), CORRESP (10), SC TO-I/A (9), 8-K/A (6), 4/A (5), DFAN14A (5), S-3/A (5), T-3/A (5), 10-Q/A (4), PRE 14A (4), S-3 (3), SC 13D (3), SC 14D9/A (3), SC TO-T/A (3), SCHEDULE 13D/A (3), 10-K/A (2), 10-K405 (2), DEFC14A (2), PREC14A (2), SC TO-C (2), SC TO-I (2), SC14D9C (2), SCHEDULE 13G/A (2), 15-12G (1), 25-NSE (1), 424A (1), 424B4 (1), DEFR14A (1), NT 10-K (1), PRER14A (1), PRRN14A (1), RW (1), S-1 (1), S-3MEF (1), SC 14D9 (1), SC TO-T (1), T-3 (1)

• Latest filingsAnnual report (10-K) Feb 14, 2025
  Quarterly report (10-Q) Nov 12, 2024
  Proxy statement (DEF 14A) Apr 10, 2024
  Latest 8-K (8-K) Mar 31, 2025

Securities registered for trading

From the cover page of the 10-K filed Feb 14, 2025 (Section 12(b) of the Exchange Act).¹⁶

Risk factors and legal proceedings

The risks Intevac names in Item 1A of its 10-K filed Feb 14, 2025: 26 risks under these headings, as written.¹⁶

• Risks Related to the Merger
• The announcement and pendency of the Transaction may have an adverse effect on our business and results of operations, and our failure to complete the Transaction could have an adverse effect on our business, financial condition, results of operations, and stock price.
• While the Transaction is pending, we are subject to business uncertainties and contractual restrictions that could harm our business, financial condition, and results of operations.
• Litigation may arise in connection with the Transaction, which could be costly, prevent consummation of the Transaction, divert management’s attention, and otherwise harm our business, financial condition, and results of operations.
• In connection with the Transaction, our current and prospective employees could experience uncertainty about their future with us. As a result, key employees may depart because of issues relating to such uncertainty or a desire not to remain with the Company following the completion of the Transaction.
• Risks Related to Our Business
• The industries we serve are cyclical, volatile and unpredictable.
• We are exposed to risks associated with a highly concentrated customer base.
• Sales of our equipment are primarily dependent on our customers’ upgrade and capacity expansion plans and whether our customers select our equipment.
• Our results of operations could be materially harmed if we are unable to accurately forecast demand for our products and manage product inventory in an effective and efficient manner.
• We are dependent on certain suppliers for parts used in our products.
• Supply chain and shipping disruptions could result in shipping delays, and increased product costs which may have a material adverse effect on our business, financial condition and results of operations.

Legal proceedings

From time to time, Intevac is involved in claims and legal proceedings that arise in the ordinary course of business. Intevac expects that the number and significance of these matters will increase as Intevac’s business expands. Any claims or proceedings against us, whether meritorious or not, could be time consuming, result in costly litigation, require significant amounts of management time, result in the diversion of significant operational resources, or require us to enter into royalty or licensing agreements which, if required, may not be available on terms favorable to us or at all. Intevac is not presently a party to any lawsuit or proceeding that, in Intevac’s opinion, is likely to seriously harm Intevac’s business.

The opening of Item 3, Legal Proceedings.¹⁶

Links

• Websitewww.intevac.com¹
• WikipediaIntevac
• WikidataQ6057493
• SEC EDGARCIK 1001902