Resonant reports plans to conduct public offering of its common stock

National Securities is the bookrunner; proceeds fund working capital

By Devika Patel

Knoxville, Tenn., Sept. 8 – Resonant Inc. will price a public sale of common stock with a 30-day greenshoe, according to a preliminary prospectus supplement filed Thursday with the Securities and Exchange Commission.

National Securities Corp. is the bookrunner for the deal, which is expected to price on Friday.

Proceeds will be used for working capital, capital expenditures and other general corporate purposes, and for product development.

The Santa Barbara, Calif., company creates filter designs for radio frequency front-ends for the mobile device industry.

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