3,846,154 Shares1 Aehr Test Systems Common Stock, par value $0.01 per share UNDERWRITING AGREEMENTUnderwriting Agreement • April 19th, 2017 • Aehr Test Systems • Instruments for meas & testing of electricity & elec signals • New York
Aehr Test Systems, a California corporation (the “Company”), proposes to sell to Craig-Hallum Capital Group LLC (“you” or the “Underwriter”) an aggregate of 3,846,154 shares (the “Firm Shares”) of common stock, par value $0.01 per share (the “Common Stock”), of the Company. The Firm Shares consist of authorized but unissued shares of Common Stock to be issued and sold by the Company. The Company also has granted to the Underwriter an option to purchase up to 576,923 additional shares of Common Stock on the terms and for the purposes set forth in Section 3 hereof (the “Option Shares”). The Firm Shares and any Option Shares purchased pursuant to this Underwriting Agreement are herein collectively called the “Securities.”
