Neophotonics announces plans to price public offering of common stock

Needham is bookrunner; co-manager Craig-Hallum Capital Group to assist

By Devika Patel

Knoxville, Tenn., Dec. 19 – Neophotonics Corp. will conduct a public sale of its common stock with a greenshoe, according to a Form S-1 filed Friday with the Securities and Exchange Commission.

Needham & Co. is the bookrunning manager, and Craig-Hallum Capital Group is the co-manager.

Proceeds will be used for working capital, to expand the company’s business and for general corporate purposes.

The San Jose, Calif., company develops, manufactures and sells optoelectronic products.

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