other material
confidence high
sentiment neutral
materiality 0.75
Allegro MicroSystems sells 28.75M shares at $23.16 per share in underwritten offering
ALLEGRO MICROSYSTEMS, INC.
- Offering comprised 25M firm shares plus 3.75M option shares; option exercised in full prior to July 26 close.
- Gross proceeds approximately $666M; offering made under existing shelf registration (File No. 333-280960).
- Underwriters led by Barclays Capital Inc. and Morgan Stanley & Co. LLC as representatives.
- Use of proceeds not specified in the filing; underwriting agreement filed as Exhibit 1.1.
- Customary representations, warranties, indemnification, and contribution terms included.