Vitesse announces plans to price public offering of its common shares

Funds from financing used for working capital and corporate purposes

By Devika Patel

Knoxville, Tenn., June 11 – Vitesse Semiconductor Corp. will price a public sale of common shares with a greenshoe option on June 12, according to a preliminary prospectus supplement filed Wednesday with the Securities and Exchange Commission.

Needham & Co. is the bookrunning manager. Craig-Hallum Capital Group, Benchmark Co. and Northland Securities, Inc. are the co-managers.

Proceeds will be used for working capital and other general corporate purposes.

Vitesse is a Camarillo, Calif., semiconductor company.

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