Shimmick Corporation Completes IPO

King & Spalding advised Shimmick Corporation (NASDAQ: SHIM) on its $25,025,000 initial public offering on The Nasdaq Stock Market. Shimmick Corporation is headquartered in Irvine, California and is a leading provider of water infrastructure solutions nationwide. With the proceeds received from the offering, Shimmick Corporation intends to repay outstanding indebtedness and increase its capitalization and financial flexibility.