other_material
confidence high
sentiment neutral
materiality 0.85
SiTime prices public offering of 1.75M shares at $200/share, diluting ~14%
SITIME Corp
- 1,750,000 shares offered; underwriters have 30-day option for additional 262,500 shares.
- Price to public is $200.00 per share; offering expected to close June 27, 2025.
- UBS Securities and Stifel are joint lead book-running managers; Needham, Goldman Sachs, Raymond James, Roth Capital also involved.
- Proceeds from offering not specified; shares trade on Nasdaq under SITM.
item 8.01item 9.01