One Stop Systems (OSS) IPO Opens 11% Higher

Today's IP for One Stop Systems (NASDAQ: OSS) opened for trading at $5.55 after pricing 3,800,000 shares of common stock at a public offering price of $5.00 per share, before underwriting discounts and commissions.

In addition, One Stop Systems and a selling stockholder have granted underwriters a 45-day option to purchase up to 570,000 additional shares of common stock at the initial public offering price, less the underwriting discount, to cover over-allotments, if any.

Roth Capital Partners is acting as sole book-running manager and Benchmark is acting as co-manager for the offering.

One Stop Systems designs and manufactures ultra-dense high-performance computing (HPC) systems for deep learning, oil and gas exploration, financial trading, media and entertainment, defense and traditional HPC applications requiring the fastest and most efficient data processing. By utilizing the power of the latest GPU accelerators and NVMe flash cards, our systems stay on the cutting edge of the latest technologies. We have a reputation as an innovator in hyper-converged and composable infrastructure solutions using the latest technology and design equipment to operate with the highest efficiency. We offer these exceptional systems to customers for lease or purchase. One Stop Systems continuously works to meet its customers' greater needs.

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