For more information please
Josh Matthew, CFA
Equity Capital Markets
Head of Equity Capital Markets
Senior Vice President
Senior Vice President
GigOptix, Inc. (NYSE MKT: GIG), a leading supplier of advanced semiconductor communications components for use in Cloud connectivity, data centers, and high-speed optical and wireless networks, closed an underwritten public offering of 9,218,000 newly issued shares of common stock at a price to the public of $1.70 per share. The gross proceeds from the offering were approximately $15.7 Million.
GigOptix, Inc. expects to use the proceeds from the offering for potential acquisitions for strategic growth, including the acquisition of critical technologies and scalable businesses. The focus will be on multiple attractive global targets, including entities that GigOptix, Inc. has been tracking for the last couple of years.
ROTH Capital Partners acted as joint book-running manager in the offering.
About GigOptix, Inc.
GigOptix, Inc., (NYSE MKT: GIG) is a leading fabless supplier of high-speed semiconductor components that enable end-to-end information streaming over optical and wireless networks. Its product portfolio addresses emerging telecom long-haul and metro applications, datacom cloud and data center connectivity, point-to-point backhaul wireless applications, and interactive interfaces for consumer electronics. GigOptix offers a broad portfolio of high performance MMIC solutions that enable next generation wireless microwave systems up to 90GHz, and drivers and TIAs for 40Gbps, 100Gbps and 400Gbps fiber-optic telecommunications and data communications networks.
GigOptix also offers a wide range of digital and mixed-signal ASIC solutions in a wide range of technology geometries from 28nm to 0.6um, and enables a complete product life cycle support, from swift introduction of new product through its ASIC SunriseTM program to extension of legacy products through its GigOptix Sunset RescueTM
program. For more information, please visit
www.gigoptix.com. (Source: Company Press Release
About ROTH Capital Partners
ROTH Capital Partners, LLC (ROTH), is a relationship-driven investment bank focused on serving emerging growth companies and their investors. As a full-service investment
bank, ROTH provides capital raising, M&A advisory, analytical research, trading, market-making services and corporate access. Headquartered in Newport Beach, CA, ROTH is privately-held
and employee owned, and maintains offices throughout the U.S. and Hong Kong. For more information on ROTH, please visit