Acacia Communications (ACIA) Announces 4.5M Share Common Stock Follow-on Offering
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Acacia Communications (ACIA) Prices 4.5M Common Stock Follow-on at $100/Share
October 7, 2016 6:15 AM EDTAcacia Communications, Inc. (Nasdaq: ACIA) announced the pricing 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. The offering consists of 1,210,302 shares from Acacia Communications and 3,289,698 shares from certain existing stockholders. In addition, the underwriters have also been granted a 30-day option to purchase up to an additional 675,000 shares of common stock from certain of the selling stockholders.
(Note: Acacia closed at $109.42 on Oct. 7th.)
Acacia Communications intends to... More
Acacia Communications (ACIA) Offers Strong Prelim. Q3 Results
October 4, 2016 4:08 PM EDTAcacia Communications (NASDAQ: ACIA) disclosed the following in a U.S. SEC filing on Tuesday:
Item 2.02 Results of Operations and Financial Condition
Unaudited Preliminary Results for the Third Quarter of 2016
Acacia Communications, Inc. (the Company) is currently in the process of finalizing its financial results for the three months ended September 30, 2016. Based on preliminary unaudited information and management estimates for the three months ended September 30, 2016, and subject to the completion of its financial closing procedures, the Company now expects revenue of $130 million to $133 million, GAAP net income of $28... More
