Adesto Technologies (IOTS) Prices 5M Common Stock IPO at $5/Share

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Adesto Technologies Corporation Prices Initial Public Offering

October 26, 2015 6:58 PM EDT

SUNNYVALE, Calif., Oct. 26, 2015 (GLOBE NEWSWIRE) -- Adesto Technologies Corporation, a leading provider of application-specific, feature-rich, ultra-low power non-volatile memory products, today announced the pricing of its initial public offering of 5,000,000 shares of its common stock at a public offering price of $5.00 per share. All shares of common stock are being offered by the company. In addition, Adesto has granted the underwriters a 30-day option to purchase up to an additional 750,000 shares of common stock at the same price to cover over-allotments,... More

Adesto Technologies Corporation Prices Initial Public Offering

October 26, 2015 6:58 PM EDT

SUNNYVALE, Calif., Oct. 26, 2015 (GLOBE NEWSWIRE) -- Adesto Technologies Corporation, a leading provider of application-specific, feature-rich, ultra-low power non-volatile memory products, today announced the pricing of its initial public offering of 5,000,000 shares of its common stock at a public offering price of $5.00 per share. All shares of common stock are being offered by the company. In addition, Adesto has granted the underwriters a 30-day option to purchase up to an additional 750,000 shares of common stock at the same price to cover over-allotments,... More