Acacia Communications Announces Closing of Follow-On Public Offering

MAYNARD, Mass., Oct. 13, 2016 (GLOBE NEWSWIRE) -- Acacia Communications, Inc. (NASDAQ: ACIA), a leading provider of high-speed coherent optical interconnect products, today announced the closing of its follow-on public offering of 4,500,000 shares of its common stock at a price to the public of $100.00 per share.  Acacia Communications issued and sold 1,210,302 shares and selling stockholders sold an additional 3,289,698 shares. In connection with the offering, the underwriters were granted a 30-day option to purchase up to an additional 675,000 shares of common stock from certain of the selling stockholders.

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

A copy of the final prospectus related to the offering can be accessed through the SEC’s website at www.sec.gov, or may be obtained from Goldman, Sachs & Co., Attn: Prospectus Department, 200 West Street, New York, NY 10282, telephone: (866) 471-2526, or email: [email protected]; BofA Merrill Lynch, NC1-004-03-43, 200 North College Street, 3rd floor, Charlotte, NC  28255-0001, Attn: Prospectus Department, or email: [email protected]; Deutsche Bank Securities Inc., 60 Wall Street, New York, NY 10005, Attn: Prospectus Group, telephone: (800) 503-4611, or email: [email protected]; or Morgan Stanley & Co. LLC, 180 Varick Street, 2nd Floor, New York, NY 10014, Attn: Prospectus Department, telephone: (866) 718-1649, or email: [email protected].  

About Acacia Communications

Acacia Communications develops, manufactures and sells high-speed coherent optical interconnect products that are designed to transform communications networks through improvements in performance, capacity and cost. By converting optical interconnect technology to a silicon-based technology, a process Acacia refers to as the “siliconization of optical interconnect,” Acacia is able to offer products that meet the needs of cloud and service provider customers in a simple, open, high-performance form factor that can be easily integrated in a cost-effective manner with existing network equipment.

For further information:

Investor Relations Contact:
Monica Gould
Office: (212) 871-3927
Email: [email protected]

Public Relations Contact:
Jason Ouellette
Office: (617) 399-4908
Email: [email protected]

Source: Acacia Communications

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