Business News • MarketWire • Acacia Communications Announces Pricing of Initial Public Offering |
Acacia Communications Announces Pricing of Initial Public Offering |
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Acacia Communications Announces Pricing of Initial Public Offering
MAYNARD, MA--(Marketwired - May 12, 2016) - Acacia Communications, a leading provider of high-speed coherent optical interconnect products, today announced the pricing of an underwritten registered public offering of 4,500,000 shares of its common stock at a price of $23.00 per share before underwriting discounts and commissions. The underwriters have also been granted a 30-day option to purchase up to an additional 675,000 shares of common stock at the initial public offering price, of which up to 70,184 shares would be purchased from Acacia Communications and up to 604,816 shares would be purchased from certain selling stockholders. The shares are expected to begin trading on the Nasdaq Global Select Market on May 13, 2016 under the ticker symbol "ACIA."
View More : http://www.marketwired.com/mw/release.do?id=2124627&sourceType=3
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