other material
confidence high
sentiment neutral
materiality 0.70
Amkor Technology registers secondary offering of 10M shares by Kim family affiliate at $23.22/sh
AMKOR TECHNOLOGY, INC.
- Selling stockholder 915 Investments, LP (Kim family affiliate) selling 10M AMKR shares at $23.22 per share.
- Underwriters granted 30-day option to purchase up to an additional 1.5M shares.
- Selling stockholder agrees to 365-day lock-up on remaining shares; company to 60-day lock-up.
- James J. Kim is Executive Chairman and founder; Susan Y. Kim is Executive Vice Chairman; selling stockholder is their family investment vehicle.