Opnext, Inc. Announces Closing of Public Offering.EATONTOWN, N.J. -- Headline of release should read: Opnext, Inc. Announces Closing of Public Offering (sted Opnext, Inc. Announces Closing of Public Offering and Underwriters' Exercise of Option to Purchase Additional Shares). The corrected release reads: OPNEXT, INC. ANNOUNCES CLOSING OF PUBLIC OFFERING Opnext, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :OPXT) announced today the completion of its initial public offering of 16,909,375 shares of common stock at a price to the public of $15.00 per share (before underwriting discounts and commissions). Of those shares, the Company offered 10,000,000 shares and selling stockholders offered 6,909,375 shares. The offering was made through an underwriting syndicate Underwriting syndicate A group of investment banks that work together to sell new security offerings to investors. The underwriting syndicate is led by the lead underwriter. See also: Lead underwriter. underwriting syndicate See syndicate. led by Goldman, Sachs & Co., who is acting as sole bookrunner. In addition, J.P. Morgan Securities Inc., CIBC World Markets CIBC World Markets is the investment banking division of the Canadian Imperial Bank of Commerce. It helps governments, large companies, and other large institutions obtain capital and credit and is a primary dealer in U.S. Treasury securities. Corp., Cowen and Company, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control and Jefferies & Company, Inc. are acting as co-managers. A copy of the final prospectus Final Prospectus A legal document stating the price of a newly issued security, the delivery date, and other facts that are important for investors. Notes: The final prospectus must be given to every investor who purchases a new issue of registered securities. relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc these securities can be obtained by writing or telephoning the prospectus department at Goldman, Sachs & Co., Attn: Prospectus Department, 85 Broad Street, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , NY 10004, via fax at 212-902-9316 or via e-mail at prospectus-ny@ny.email.gs.com. A registration statement relating to these securities has been filed with the Securities and Exchange Commission and became effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Any offer, if at all, will be made only by means of a prospectus. About Opnext, Inc. Opnext, Inc., www.opnext.com, is a leading designer and manufacturer of optical modules and components, which enable high-speed telecommunications and data communications networks globally. |
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