Irvine-based Netlist, a publicly held manufacturer of memory subsystems, is looking to raised approximately $14.38M in a public offering of 3,995,000 shares of its common shares, at approximately $3.85 per share. The firm said it will receive net proceeds of approximately $14.12M after undewriting discounts and commissions. The offering was managed by Needham & Company and Roth Capital Partners LLC. Netlist said the additional capital will be used for marketing, research and development, working capital, and other corporate purposes.
Top NewsFriday, March 19, 2010
Netlist Looks To Raise $15M In Stock Sale