SiTime Corporation Announces Pricing of Follow-on Public Offering | SiTime
Summary
SiTime announced the pricing of a follow-on public offering of 1.75 million shares at $200 per share. The company expects to raise about $350 million in gross proceeds before fees and expenses. The offering is scheduled to close on June 27, 2025, subject to customary conditions, and underwriters have a 30-day option to buy additional shares. SiTime says it will use the standard prospectus process and lists UBS and Stifel as joint lead book-running managers.
Funding
Amount
$350.0M
Total raised
Date
June 26, 2025
Announcement date
Investors
Stifel, Nicolaus & Company, Raymond James Capital, ROTH Capital Partners, Needham & Company
Lead investors
Company
site.com
Funded company
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