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NeoPhotonics Announces Pricing of Initial Public Offering

Date: 02/02/2011

Company: NeoPhotonics Corporation

Source: BusinessWire

SAN JOSE, Calif.–(BUSINESS WIRE)–NeoPhotonics Corporation (NYSE: NPTN) announced today the pricing of its initial public offering of 7,500,000 shares of its common stock, at $11.00 per share. All shares are being sold by the Company. NeoPhotonics has granted the underwriters an option to purchase up to an additional 1,125,000 shares at the initial public offering price to cover overallotments, if any. The common stock is expected to begin trading on the New York Stock Exchange under the symbol “NPTN” on February 2, 2011.

BofA Merrill Lynch and Deutsche Bank Securities Inc. are acting as joint book-running managers for the offering. Piper Jaffray & Co., Morgan Keegan & Company, Inc. and ThinkEquity LLC are acting as co-managers for the offering.

Read full story at BusinessWire

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