Acacia Communications (ACIA) Announces 4.5M Share Common Stock Follow-on Offering

October 4, 2016 4:13 PM EDT
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Acacia Communications, Inc. (Nasdaq: ACIA) announced that it has commenced a follow-on public offering of 4,500,000 shares of its common stock pursuant to a registration statement on Form S-1 filed with the Securities and Exchange Commission. Acacia is proposing to sell 1,210,302 shares of Acacia common stock, and certain selling stockholders are proposing to sell 3,289,698 shares of Acacia common stock. In addition, the underwriters have been granted a 30-day option to purchase up to an additional 675,000 shares of Acacia common stock from certain of the selling stockholders.

Acacia intends to use proceeds from the offering for working capital and general corporate purposes. Acacia will not receive any of the proceeds from any sale of shares by the selling stockholders.

Goldman, Sachs & Co., BofA Merrill Lynch, Deutsche Bank Securities Inc. and Morgan Stanley & Co. LLC are acting as joint bookrunners for the offering, and Needham & Company, LLC, Cowen and Company, LLC, William Blair & Company, L.L.C. and Northland Securities, Inc. are acting as co-managers.

The offering of these securities will be made only by means of a written prospectus. A copy of the prospectus related to the offering may be obtained from Goldman, Sachs & Co., Attn: Prospectus Department, 200 West Street, New York, NY 10282, telephone: (866) 471-2526, or email: prospectus-ny@ny.email.gs.com; BofA Merrill Lynch, NC1-004-03-43, 200 North College Street, 3rd floor, Charlotte, NC 28255-0001, Attn: Prospectus Department, or email: dg.prospectus_requests@baml.com; Deutsche Bank Securities Inc., 60 Wall Street, New York, NY 10005, Attn: Prospectus Group, telephone: (800) 503-4611, or email: prospectus.cpdg@db.com; or Morgan Stanley & Co. LLC, 180 Varick Street, 2nd Floor, New York, NY 10014, Attn: Prospectus Department, telephone: (866) 718-1649, or email: prospectus@morganstanley.com.



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