DECEMBER 5--MathStar (Minnetonka, MN) announced that Feltl and Company, the underwriter of its initial public offering, has exercised in full its overallotment option to purchase 600,000 additional shares of common stock at an initial public offering price of $6 per share.
DECEMBER 5--MathStar (Minnetonka, MN) announced that Feltl and Company, the underwriter of its initial public offering, has exercised in full its overallotment option to purchase 600,000 additional shares of common stock at an initial public offering price of $6 per share. The closing of the purchase of the overallotment shares is schedule to take place on December 7, 2005, resulting in additional net proceeds to MathStar of approximately $3.3 million, after the payment of commissions and expenses. The common stock offering may be made only by means of a prospectus, copies of which may be obtained by contacting Feltl and Company, 225 South Sixth Street, 42 Fl, Minneapolis, MN 55402.
MathStar designs, develops, and markets a new class of semiconductor integrated circuit, or chip, it calls field-programmable object arrays, or FPOAs.
Voice Your Opinion
To join the conversation, and become an exclusive member of Vision Systems Design, create an account today!
