Close

Search

Search Menu
Photonics Media Photonics Marketplace Photonics Spectra BioPhotonics EuroPhotonics Vision Spectra Photonics Showcase Photonics ProdSpec Photonics Handbook

Finisar Closes Public Offering of Common Stock

Facebook Twitter LinkedIn Email Comments
SUNNYVALE, Calif., Jan. 7, 2011 — Finisar Corp. announced the closing of its previously announced public offering of 4,140,000 shares of its Common Stock for $28.54 per share.

The closing included the sale of 3,600,000 shares originally offered by the company, as well as 540,000 additional shares sold by the company upon the full exercise of the underwriter’s over-allotment option.

The company’s total gross proceeds of the offering were $118,115,600. In addition, the company’s net proceeds were $117,900,000 after deducting estimated offering expenses.

Credit Suisse Securities (USA) LLC was the sole underwriter for the offering.

Finisar Corp. provides fiber optic subsystems and components that enable high-speed voice, video and data communications for telecommunications, networking, storage, wireless and cable TV applications.

For more information, visit: www.finisar.com 


Photonics.com
Jan 2011
AmericasBusinesscable TVcommon stockCommunicationsCredit Suisse Securitiesdata communicationsfiber opticsFinisarFinisar Corporationnet proceedsnetworkingpublic offeringSharesstoragetelecommunicationstotal gross proceedsunderwritervideo communicationsvoice communicationswireless

Comments
back to top
Facebook Twitter Instagram LinkedIn YouTube RSS
©2020 Photonics Media, 100 West St., Pittsfield, MA, 01201 USA, [email protected]

Photonics Media, Laurin Publishing
x We deliver – right to your inbox. Subscribe FREE to our newsletters.
We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.