Netlist announces plans to conduct a public offering of common shares

B. Riley, Craig-Hallum will help fund patent monetization campaign

By Devika Patel

Knoxville, Tenn., Sept. 7 – Netlist, Inc. will price a public sale of common stock with a 30-day greenshoe option, according to a prospectus supplement filed Wednesday with the Securities and Exchange Commission.

B. Riley & Co., LLC and Craig-Hallum Capital Group are the bookrunners, and Benchmark Co. is the co-manager.

Proceeds will be used to accelerate the company’s patent monetization campaign, commercialize HybriDIMM and for general corporate purposes.

Irvine, Calif.-based Netlist designs, manufactures and sells memory subsystems primarily for the server, high-performance computing and communications markets.

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