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22 May 2015

NeoPhotonics prices follow-on offering of common stock

NeoPhotonics Corp of San Jose, CA, a vertically integrated designer and manufacturer of hybrid photonic integrated circuit (PIC)-based modules and subsystems for high-speed communications networks, has 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, the firm has granted the underwriters a 30-day option to purchase up to an additional 895,655 shares. The offering is expected to close on or about 27 May, subject to customary closing conditions.

Needham & Company LLC is acting as sole book-running manager, while 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 which can be obtained from Needham & Company by e-mailing prospectus@needhamco.com.

A registration statement has been filed with, and declared effective by, the US Securities and Exchange Commission (SEC).

Tags: NeoPhotonics PICs

Visit: www.neophotonics.com

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