SAN JOSE, Calif.--(BUSINESS WIRE)--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 co-managers.
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 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.
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