Ichor (ICHR) Prices 4M Share Upsized Common Offering at $31.75/Sh

Ichor Holdings, Ltd. (NASDAQ: ICHR), a leader in the design, engineering, and manufacturing of critical fluid delivery subsystems and components for semiconductor capital equipment, today announced that it has priced an underwritten public offering of 4,000,000 of its ordinary shares at $31.75 per share. In addition, the Company has granted the underwriters a 30-day option to purchase up to an additional 600,000 of its ordinary shares at the public offering price, less underwriting commissions. The offering was upsized from the previously announced public offering of 3,500,000 ordinary shares.

The Company intends to use the net proceeds it receives from the offering for general corporate purposes, which may include capital expenditures, potential acquisitions, growth opportunities, and strategic transactions. The offering is expected to close on December 14, 2020, subject to the satisfaction of customary closing conditions.

Stifel and Cowen are acting as joint book-running managers and representatives of the underwriters for the offering. Needham & Company, B. Riley Securities, and D.A. Davidson & Co. are acting as co-managers for the offering.

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