other material
confidence high
sentiment neutral
materiality 0.60
SemiLEDs enters $20M at-the-market equity offering agreement with Roth Capital Partners
SemiLEDs Corp
- Agreement allows for sale of common stock up to $20M aggregate offering price through Roth Capital Partners.
- Sales will be at market prices on Nasdaq; commission of 3% of gross proceeds.
- Company not obligated to sell any shares; offering pursuant to existing S-3 shelf registration.