SMART Global Holdings, Inc. (SGH) Announces Proposed 3M Share Offering
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SMART Global Holdings Announces Proposed Public Offering of Ordinary Shares by Selling Shareholders
July 8, 2021 5:48 PM EDTNEWARK, Calif.--(BUSINESS WIRE)-- SMART Global Holdings, Inc. (SGH or the Company) (Nasdaq: SGH) today announced the launch of a proposed underwritten public offering of 3,000,000 of its ordinary shares by certain selling shareholders affiliated with Silver Lake (the Selling Shareholders). The Company is not selling any of its ordinary shares in the offering and will not receive any of the proceeds from the sale of its ordinary shares by the Selling Shareholders.
Morgan Stanley & Co. LLC is acting as sole underwriter for the proposed offering.
The offering is being made pursuant to an... More
