Aquantia rises 6% in IPO, raising $61m for its 10GBase-T PHYs
The share price of Aquantia, which offers 10GBASE-T PHY and other Ethernet solutions, rose 6% on its first day of trading on the NYSE under the symbol “AQ” to close at $9.51.
The company sold 6,818,000 shares of its common stock in the IPO, raising $61 million.
Aquantia is based in San Jose, California.
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Every article published by Converge Digest is researched, curated, fact-checked and editorially reviewed by Jim Carroll, Editor & Publisher. AI-assisted drafting may be used to accelerate production, but all content is reviewed, refined and approved prior to publication.
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