Jun. 25 at 4:48 PM
$SITM has publicly filed a preliminary prospectus supplement with the U.S. Securities and Exchange Commission related to a proposed follow-on public offering of
$350,000,000 of shares of its common stock. In addition, SiTime intends to grant the underwriters a 30-day option to purchase up to an aggregate of an additional
$52,500,000 of shares of its common stock. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed or as to the actual size or terms of the offering.
UBS Investment Bank and Stifel are joint lead book-running managers for the offering. Needham & Company is also a joint book-running manager for the offering.
