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Netlist Inc announces closing of underwritten public offering of common stock

Tuesday, 11 Feb 2014 12:25pm EST 

Netlist Inc:Closes its previously-announced registered firm commitment underwritten public offering of 7,548,500 common shares and the exercise of the over-allotment option to purchase an additional 1,132,275 common shares, at a price to the public of $1.30 per share.Total gross proceeds to the company, before deducting the underwriter's discount and other estimated offering expenses payable by Netlist, are about $11.3 million.Intends to use the proceeds from the offering for general corporate purposes.Craig-Hallum Capital Group LLC acted as sole underwriter of the offering. 

Company Quote

0.01 +1.43%
26 Dec 2014