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Peregrine Semiconductor announces pricing of initial public offering
Peregrine Semiconductor Corp., a fabless provider of high-performance radio-frequency (RF) integrated circuits (ICs), announced the pricing of its initial public offering of 5,500,000 shares of common stock at a price to the public of
Of the 5,500,000 shares being offered, 5,340,780 are being offered by Peregrine and 159,220 shares are being offered by certain selling stockholders. The company will not receive any proceeds from the sale of shares by the selling stockholders. Peregrine has also granted the underwriters a 30-day option to purchase up to 825,000 additional shares of common stock from Peregrine.
A registration statement relating to this offering was declared effective by the
This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities, 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 registration or qualification under the securities laws of such jurisdiction.