Allegro MicroSystems, Inc. (ALGM) to Offer 15M in Common Stock

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/27/2026

1. ORCL
2. AVGO
3. CDNS
4. ANT
5. META
6. SPY
7. INTC
8. JBLU
9. AAPL
10. NVDA

Go back to Allegro MicroSystems, Inc. (ALGM) to Offer 15M in Common Stock

Allegro MicroSystems Launches Public Offering By Selling Stockholders

February 2, 2021 4:32 PM EST

MANCHESTER, N.H., Feb. 02, 2021 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (Allegro), a global leader in sensing and power semiconductor technology, announced today the launch of a public offering of 15,000,000 shares of common stock to be sold by certain selling stockholders of Allegro. In addition, certain of the selling stockholders are expected to grant the underwriters a 30-day option to purchase up to an additional 2,250,000 shares of common stock. The selling stockholders will receive all of the net proceeds from the offering and Allegro will not receive any proceeds. The offering is subject to market conditions, and there... More