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Resonant Prices Underwritten Public Offering of Common Stock [Canadian Business Journal (Canada)]

RESONANT INC (RESN)  More Company Research Source: Canadian Business Journal
Last resonant inc earnings: 11/13 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.resonant.com
PDF Resonant Prices Underwritten Public Offering of Common Stock GOLETA, CA –(Marketwired – March 22, 2018) – Resonant Inc. (NASDAQ: RESN), a designer of filters for radio frequency, or RF, front-ends that specializes in delivering designs for difficult bands and complex requirements, today announced the pricing of an underwritten public offering of 5,714,286 shares of its common stock at a price to the public of $3.50 per share, for gross proceeds of approximately $20 million. The Company has also granted to the underwriters a 30-day option to purchase, at the same price per share as the underwriters paid for the initial shares, an additional 857,142 shares to cover over-allotments in connection with the offering, which if exercised in full would increase the gross proceeds to approximately $23 million. The offering is expected to close on or about March 27, 2018, subject to customary closing conditions. Needham & Company is acting as the sole book-running manager of the o [Read more]

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