secwatch.observer — SEC 8-K summary
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Issuer:     Credo Technology Group Holding Ltd (CRDO)
CIK:        0001807794
Form:       8-K
Filed at:   2022-02-01T23:59:59+00:00
Accession:  0001628280-22-001536
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 1.02, 3.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Credo Technology completes IPO of 20M shares at $10/share; preferred shares converted
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- IPO closed on Jan 31, 2022: 20,000,000 ordinary shares sold at $10.00 per share on Nasdaq under CRDO.
- Company sold 18,383,800 shares; existing shareholders sold 1,616,200 shares.
- All outstanding Series A-D+ preferred shares converted to ordinary shares on a one-for-one basis and cancelled.
- Right of first refusal and co-sale agreement and voting agreement terminated in connection with the IPO.
- Amended and restated memorandum and articles of association adopted effective prior to closing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1807794/000162828022001536/0001628280-22-001536-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1807794/000162828022001536/credoclosing8-k.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-001536

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