SiTime Corporation Announces Pricing of Initial Public Offering
SANTA CLARA, Calif., Nov. 20, 2019 – SiTime Corporation (Nasdaq: SITM), a market leader in MEMS timing, announced today the pricing of its initial public offering (“IPO”) of 4,300,000 shares of its common stock at a price to the public of $13.00 per share. The shares are expected to begin trading on The Nasdaq Global Market under the ticker symbol “SITM” on November 21, 2019. The gross proceeds of the offering, before deducting underwriting discounts and commissions and other offering expenses, are expected to be $55.9 million, excluding any exercise of the underwriters’ over-allotment option. The offering is expected to close on November 25, 2019, subject to customary closing conditions.
SiTime Corporation Announces Launch of IPO Roadshow
SANTA CLARA, Calif., Nov. 7, 2019 – SiTime Corporation, a market leader in MEMS timing, today announced it has launched a roadshow for the initial public offering (“IPO”) of 4,300,000 shares of its common stock. The underwriters will also have a 30-day option to purchase up to 645,000 additional shares of common stock at the IPO price, less underwriting discounts and commissions. The IPO price is currently expected to be between $13.00 and $15.00 per share. SiTime expects to list its common stock on The Nasdaq Global Market under the ticker symbol “SITM.”
SiTime Corporation Files Registration Statement for Proposed Initial Public Offering
SANTA CLARA, Calif., October 23, 2019 – SiTime Corporation, a market leader in MEMS timing, today announced that it has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of its common stock.
