Meru Networks (MERU) Sinks on Common Stock Offering

Go back to Meru Networks (MERU) Sinks on Common Stock Offering

Meru Networks (MERU) Prices 3M Offering

February 27, 2013 8:52 AM EST

Meru Networks, Inc. (NASDAQ: MERU) today announced the pricing of an underwritten public offering of 3,000,000 shares of its common stock at a purchase price of $4.00 per share. Gross proceeds, before deducting the underwriting discounts and commissions and offering expenses payable by Meru, are expected to be... More