You are not registered yet. Please click here to register!
[] Corsair Readies Initial Public Offering - - different look at memory


Thread Tools
Old 25-05-2012, 12:03 AM   #1
News Hound
News's PC Specs
Join Date: May 19 2008
Posts: 61,037
[] 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

News is offline   Reply With Quote


corsair, initial, offering, public, readies, techpowerupcom

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools

Similar Threads for: [] Corsair Readies Initial Public Offering
Thread Thread Starter Forum Replies Last Post
[] (PR) Corsair Announces First Corsair Link Kits News Reviews & News Online 0 31-05-2011 03:41 PM
[] (PR) Corsair Previews New Corsair Link Technology at CES 2011 News Reviews & News Online 0 07-01-2011 09:00 PM
[] Corsair Readies Hydro H70 CPU Water Cooler News Reviews & News Online 0 03-08-2010 03:10 AM
[] 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 06:24 PM.