secwatch / observer
8-K filed December 6, 2023, 6:59 PM ET ticker CRDO CIK 0001807794
other material confidence high sentiment neutral materiality 0.60

Credo Technology prices $175M underwritten public offering of 10M shares at $17.50

Credo Technology Group Holding Ltd

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Credo Technology Group Holding Ltd entered into Underwriting Agreement with Goldman Sachs & Co. LLC, as representative of the underwriters, and the selling shareholders valued at $175.0 million (effective 2023-12-05).

Action
entry
Agreement
underwriting
Counterparty
Goldman Sachs & Co. LLC, as representative of the underwriters, and the selling shareholders
Value
$175.0 million
Effective
2023-12-05
Exact text from the filing
On December 5, 2023, Credo Technology Group Holding Ltd, a Cayman Islands exempted company (the “Company”), entered into an underwriting agreement (the “Underwriting Agreement”) by and among the Company, Goldman Sachs & Co. LLC, as representative of the underwriters named in Schedule I thereto (the “Underwriters”), and the selling shareholders named in Schedule II thereto (the “Selling Shareholders”), providing for the issuance and sale by the Company of 8,940,000 of the Company’s ordinary shares, par value $0.00005 per share (the “Ordinary Shares”), at a public offering price of $17.50 per share, and the offer and sale of 1,060,000 Ordinary Shares by the Selling Shareholders, at a public offering price of $17.50 per share.
View on SEC.gov

198 material agreements filed in the last 30 days. Browse all material agreements →

Credo Technology Group Holding Ltd filing history →

Source: SEC EDGAR
accession 0001628280-23-040908
Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.