NeoPhotonics Announces Pricing of Follow-on Offering of Common Stock
NeoPhotonics Corporation (NYSE:NPTN) , a leading designer and manufacturer of hybrid photonic integrated optoelectronic modules and subsystems for bandwidth-intensive, high-speed communications networks, today announced the pricing of a follow-on public offering of 5,971,034 shares of its common stock at a price to the public of $7.25 per share. In addition, NeoPhotonics has granted the underwriters a 30-day option to purchase up to an additional 895,655 shares of common stock. The offering is expected to close on or about May 27, 2015, subject to customary closing conditions.
Needham & Company, LLC is acting as sole book-running manager for the offering. Craig-Hallum Capital Group LLC and B. Riley & Co. are acting as co-managers.
The offering is being made only by means of a prospectus. Copies of the final prospectus related to the offering may be obtained from Needham & Company, LLC, 445 Park Avenue, New York, NY 10022, (800) 903-3268 or by email to email@example.com.
A registration statement relating to these securities has been filed with, and declared effective by, the U.S. Securities and Exchange Commission. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to their registration or qualification under the securities laws of any such state or jurisdiction.
NeoPhotonics is a leading designer and manufacturer of hybrid photonic integrated optoelectronic modules and subsystems for bandwidth-intensive, high-speed communications networks. The Company’s products enable cost-effective, high-speed data transmission and efficient allocation of bandwidth over communications networks. NeoPhotonics maintains headquarters in San Jose, California and ISO 9001:2000 certified engineering and manufacturing facilities in Silicon Valley (USA), Japan and China.
(c) 2015 NeoPhotonics Corporation. All rights reserved. NeoPhotonics and the red dot logo are trademarks of NeoPhotonics Corporation. All other marks are the property of their respective owners.
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