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Provider: Thomson Reuters Stock Report
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Provider: Wright Reports

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Meru Networks Inc Proposes Public Offering of Common Stock

Tuesday, 26 Feb 2013 04:25pm EST 

Meru Networks Inc announced that it commenced a public offering of its common stock. Meru expects to grant the underwriter a 30-day option to purchase up to an additional 15% of the shares of common stock offered in the public offering solely to cover over allotments, if any. The offering is subject to market conditions and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. William Blair & Company, L.L.C. is acting as the sole underwriter. 

Company Quote

0.15 +3.44%
17 Apr 2014