It was important for Neutral Tandem to choose a reliable financing partner who could scale with us. WTI provided us with financing early in our development, and has continually been able to meet our funding needs as our business grew.
CFO, Neutral Tandem (NASDAQ: TNDM)
SAN JOSE, Calif., Feb 02, 2011 (BUSINESS WIRE) --
NeoPhotonics Corporation (NYSE: NPTN) announced today the pricing of its initial public offering of 7,500,000 shares of its common stock, at $11.00 per share. All shares are being sold by the Company. NeoPhotonics has granted the underwriters an option to purchase up to an additional 1,125,000 shares at the initial public offering price to cover overallotments, if any.The common stock is expected to begin trading on the New York Stock Exchange under the symbol "NPTN" on February 2, 2011.
BofA Merrill Lynch and Deutsche Bank Securities Inc. are acting as joint book-running managers for the offering. Piper Jaffray & Co., Morgan Keegan & Company, Inc. and ThinkEquity LLC are acting as co-managers for the offering.
A registration statement relating to these securities was filed with, and declared effective by, the U.S. Securities and Exchange Commission. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
The offering of these securities will be made only by means of prospectus, copies of which may obtained from BofA Merrill Lynch, 4 World Financial Center, New York, NY 10080, Attn: Prospectus Department or email email@example.com; or from Deutsche Bank Securities Inc., 100 Plaza One, Jersey City, New Jersey 07311, Attn: Prospectus Department or email firstname.lastname@example.org.
NeoPhotonics is a leading designer and manufacturer of photonic integrated circuit, or PIC, based modules and subsystems for bandwidth-intensive, high-speed communications networks.
NeoPhotonics is a registered trademark and the red dot logo is a trademark of NeoPhotonics Corporation. All other marks are the property of their respective owners.
J. D. Fay, 408-895-6086
Chief Financial Officer