|25-05-2012, 12:03 AM||#1|
Join Date: May 19 2008
[Techpowerup.com] Corsair Readies Initial Public Offering
According to a stock market analyst with Seeking Alpha, Corsair is going public, with an initial public offering (IPO), in an effort to raise US $78 million, with a market capitalization of $223 million. Stifel, Nicolaus & Co., and RBC Capital Markets, will be underwriting it. Corsair will use the name "Corsair Components", and market symbol "CRSR" in its IPO.
Corsair has two main branches of products, memory products (DRAM and NAND flash products), and peripherals (power supply, cases, and gaming peripherals). Its income fluctuates with consumers' seasonal purchasing patterns. The company plans to net $42.5 million from its IPO, some of its proceeds go toward repaying a cumulative debt of $28 million, the rest of the proceeds go toward working capital and general corporate purposes. An estimated 4.1 million shares are expected to be sold by Corsair.
Source: Seeking Alpha
|corsair, initial, offering, public, readies, techpowerupcom|
|Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)|
|Similar Threads for: [Techpowerup.com] Corsair Readies Initial Public Offering|
|Thread||Thread Starter||Forum||Replies||Last Post|
|[Techpowerup.com] (PR) Corsair Announces First Corsair Link Kits||News||Reviews & News Online||0||31-05-2011 03:41 PM|
|[Techpowerup.com] (PR) Corsair Previews New Corsair Link Technology at CES 2011||News||Reviews & News Online||0||07-01-2011 08:00 PM|
|[Techpowerup.com] Corsair Readies Hydro H70 CPU Water Cooler||News||Reviews & News Online||0||03-08-2010 03:10 AM|
|[Techpowerup.com] Corsair Readies New HX-series PSU||News||Reviews & News Online||0||02-05-2009 08:11 PM|
|**i4memory SuperPI Mod v1.4 Rankings**||T_M||General Benchmarks||1006||07-08-2006 01:54 PM|
All times are GMT +11. The time now is 11:14 PM.