NeoPhotonics Announces Closing of Exercise of Over-allotment Option in Follow-on Public Offering
SAN JOSE, Calif.--(BUSINESS WIRE)--Jun. 1, 2015--
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 closing of the underwriters’ previously exercised
over-allotment option to purchase 895,655 additional shares of common
stock at $7.25 per share (less the underwriting discount). With this
option exercised, the company’s follow-on offering totals 6,866,689
shares of common stock.
Needham & Company, LLC acted as sole book-running manager for the
offering. Craig-Hallum Capital Group LLC and B. Riley & Co. acted as
The offering was 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.
Registration statements relating to these securities were 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
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.
© 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.
Source: NeoPhotonics Corporation
Clyde R. Wallin, +1-408-895-6020
Investor Relations, LLC
Erica Mannion, +1-415-471-2700