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Elantec Semiconductor, Inc. Files Registration Statement for Public Offering of 1,600,000 Shares of Common Stock.


Business Editors/High-Tech Writers

MILPITAS, Calif.--(BUSINESS WIRE)--Aug. 16, 2000

Elantec Semiconductor, Inc. (Nasdaq:ELNT) today announced that it has filed a registration statement with the Securities and Exchange Commission related to the proposed public offering of 1,600,000 shares of Common Stock. Of the total, 1,520,000 shares will be offered by the Company and 80,000 shares will be offered by selling stockholders. Robertson Stephens is acting as lead-manager. Banc of America Securities LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, Thomas Weisel Partners Thomas Weisel Partners Group, Inc. (NASDAQ: TWPG), often shortened to just TWP or TWeisel, is a U.S. middle-market and growth focused investment banking firm based in San Francisco, California.  LLC, and Adams, Harkness & Hill, Inc. will co-manage the underwriting group.

The offering is expected to include a 30-day option to the underwriters to purchase up to an additional 240,000 shares of Common Stock from the Company solely to cover over-allotments, if any.

The Company intends to use the proceeds from the offering primarily for general corporate purposes, including working capital and capital expenditures, and for potential strategic investments or acquisitions.

Written copies of the prospectus may be obtained, when available, by contacting: FleetBoston Robertson Stephens Inc., 555 California Street, San Francisco, California “San Francisco” redirects here. For other uses, see San Francisco (disambiguation).

The City and County of San Francisco (EN IPA: [sænfrənˈsɪskoʊ] 
 94104; Banc of America Securities LLC, 600 Montgomery Street Montgomery Street is a north-south thoroughfare in San Francisco, California, in the United States. It runs about 16 blocks from the Telegraph Hill neighborhood south through downtown, terminating at Market Street. , San Francisco, California 94111; Thomas Weisel Partners LLC, One Montgomery Street, San Francisco, California 94104; and Adams, Harkness & Hill, Inc., Sixty State Street, Boston, Massachusetts “Boston” redirects here. For other uses, see Boston (disambiguation).
Boston is the capital and most populous city of Massachusetts.[3] The largest city in New England, Boston is considered the unofficial economic and cultural center of the entire New
 02109.

About Elantec Semiconductor, Inc.

Elantec designs, manufactures and markets high performance analog integrated circuits Integrated circuits

Miniature electronic circuits produced within and upon a single semiconductor crystal, usually silicon. Integrated circuits range in complexity from simple logic circuits and amplifiers, about 1/20 in. (1.
 primarily for the video, optical storage, communication, and power management markets.

A registration statement relating to relating to relate prepconcernant

relating to relate prepbezüglich +gen, mit Bezug auf +acc 
 the Company's Common Stock has been filed with the Securities and Exchange Commission but has not yet become effective. The Common Stock may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
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Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Aug 16, 2000
Words:336
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