SiTime and MegaChips launch secondary offering of 2M shares at $225 each

SITIME Corp

SiTime and MegaChips each selling 1M shares at $225.00 per share in underwritten offering.
Underwriters have 30-day option to purchase up to 300,000 additional shares from SiTime.
Closing expected November 15, 2021; subject to customary closing conditions.
Joint bookrunners: Barclays, Credit Suisse, Stifel; co-managers: Needham, Raymond James, Roth, William Blair.

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