NeoPhotonics Announces Pricing of Follow-on Offering of Common Stock
SAN JOSE, Calif.--(BUSINESS WIRE)--May 21, 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 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
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 firstname.lastname@example.org.
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
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