GigOptix announced the pricing of its underwritten public offering of an aggregate of 8,325,000 newly issued shares of common stock at a price of $1.42 per share. The company expects to receive gross proceeds of $11.8 million, before deducting underwriting discounts and other estimated offering expenses.
GigOptix Raises $11.8 million in New Share Offering
Share this article
Help others discover this reporting.
Explore More
From the Technology Graveyard
You just read about All. A technology from the archive that helped get us here:
Google/Alphabet Project Loon served 2011–2021. What ultimately replaced it?
Google/Alphabet Project Loon solar-powered balloons drifting in the stratosphere (~20 km), steering by rising and falling into different wind layers, relaying LTE from ground stations to phones far below. Its job passed to Unit economics — but the problem it solved, and the ideas it proved, live on in what replaced it. The standard rests here in the archive. One of 198 technologies here that opened a door and then held it for the next.
On this day
December 19From 25 years of the Converge Digest archive.