Mellanox Technologies (MLNX) Announces 3M Share Public Offering
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Mellanox Technologies, Ltd. (NASDAQ: MLNX) today announced its intention to conduct, subject to market and other conditions, an underwritten public offering of 3,000,000 ordinary shares pursuant to an effective shelf registration statement.
Mellanox Technologies also expects to grant the underwriters of the offering a 30-day option to purchase up to an additional 450,000 ordinary shares in the public offering to cover over-allotments, if any. J.P. Morgan Securities LLC, Credit Suisse Securities (USA) LLC and Barclays Capital Inc. are acting as the book running managers for the offering. Stifel Nicolaus Weisel is acting as co-manager for the offering.
Mellanox Technologies also expects to grant the underwriters of the offering a 30-day option to purchase up to an additional 450,000 ordinary shares in the public offering to cover over-allotments, if any. J.P. Morgan Securities LLC, Credit Suisse Securities (USA) LLC and Barclays Capital Inc. are acting as the book running managers for the offering. Stifel Nicolaus Weisel is acting as co-manager for the offering.
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