NETGEAR Completes Secondary Offering

NETGEAR completed a secondary offering of 6.9 million common shares offered by selling stockholders, which includes 900,000 shares sold pursuant to the over-allotment option. The offering was priced at $13.00 per share. NETGEAR did not sell shares in the offering, new shares were not issued, nor did NETGEAR receive any proceeds. The Company’s management did not sell any shares in the offering, nor did it receive any proceeds. http://www.netgear.com