other material
confidence high
sentiment positive
materiality 0.55
Credo Technology's IPO underwriters exercise greenshoe in full, purchasing 3M additional shares at $10
Credo Technology Group Holding Ltd
- Underwriters exercised option to purchase 3,000,000 additional ordinary shares at $10.00 per share.
- Closing occurred on February 10, 2022; total offering includes 21,383,800 shares sold by the Company.
- Company raised $30M in additional gross proceeds from the greenshoe shares.
- Full exercise indicates strong investor demand for the IPO.