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NeoPhotonics Announces Closing of Follow-on Offering of Common Stock

Date Announced: 28 May 2015

SAN JOSE, Calif.--(BUSINESS WIRE)--NeoPhotonics Corporation (NPTN), a leading designer and manufacturer of hybrid photonic integrated optoelectronic modules and subsystems for bandwidth-intensive, high-speed communications networks, today announced the closing of a follow-on offering of 5,971,034 shares of its common stock in a registered public offering at $7.25 per share. NeoPhotonics has granted the underwriters a 30-day option to purchase up to 895,655 additional shares of common stock to cover over-allotments.

Needham & Company, LLC acted as sole book-running manager for the offering. Craig-Hallum Capital Group LLC and B. Riley & Co. acted as co-managers.

Source: NeoPhotonics

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