InvestmentMay 14, 2026, 02:39 AM
PDF Solutions Prices 4.57M Share Public Offering at $44.00
AI Summary
PDF Solutions announced the pricing of an underwritten public offering of 4,568,308 shares of common stock at $44.00 per share. The offering includes 1,261,384 shares sold by the company, generating approximately $55.5 million in gross proceeds, and 3,306,924 shares sold by Advantest America, Inc. The offering size was increased from the previously announced 3,806,924 shares, and it is expected to close on May 15, 2026. The company also granted underwriters a 30-day option to purchase up to an additional 685,246 shares.
Key Highlights
- Public offering priced at $44.00 per share.
- Total of 4,568,308 shares of common stock offered.
- Company selling 1,261,384 shares, generating $55.5 million gross proceeds.
- Selling Stockholder Advantest America, Inc. selling 3,306,924 shares.
- Offering size increased from previously announced 3,806,924 shares.
- Underwriters have 30-day option to purchase up to 685,246 additional shares.
- Offering expected to close on May 15, 2026.