Airgain (AIRG) Files for $40M Common Stock Offering; Holders to Sell $20M

November 23, 2016 5:11 PM EST
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Airgain, Inc. (NASDAQ: AIRG) filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission for a proposed underwritten public offering of its common stock consisting of approximately $20 million of shares to be sold by Airgain and approximately $20 million of shares to be sold by certain of its stockholders. In addition, Airgain expects to grant the underwriters a 30-day option to purchase up to an additional approximately $6 million in shares of common stock from the Company.

Cowen and Company, LLC, William Blair & Company, L.L.C. and Northland Capital Markets are acting as joint book-running managers for the offering. Wunderlich is acting as co-manager for the offering.



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