Ichor (ICHR) Announces Proposed $125M Share Offering

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Ichor Holdings, Ltd. Announces Public Offering of Ordinary Shares

March 12, 2024 4:20 PM EDT

FREMONT, Calif.--(BUSINESS WIRE)-- 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 commenced an underwritten public offering of $125 million of its ordinary shares. In addition, the Company intends to grant the underwriters a 30-day option to purchase up to an additional 15% of its ordinary shares sold in the offering at the public offering price, less underwriting commissions.

The Company intends to use the net proceeds it receives from the offering... More