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Vitesse Semiconductor Corporation Executes $28.7 Million Underwritten Public Offering
Los Angeles, CA (PRWEB) June 26, 2014
Stubbs Alderton & Markiles, LLP announced that it advised client Vitesse Semiconductor Corporation (Nasdaq VTSS) in an underwritten public offering of 8,582,076 shares of its common stock at a price to the public of $3.35 per share. The offering closed on June 17, 2014.
Vitesse designs a diverse portfolio of high-performance semiconductor solutions for Carrier, Enterprise and Internet of Things (IoT) networks worldwide. Vitesse products enable the fastest-growing network infrastructure markets including Mobile Access/IP Edge, Cloud Computing, SMB/SME Enterprise and IoT Networking.
To read Vitesses full press release, click here.
The Stubbs Alderton & Markiles, LLP team advising Vitesse included John McIlvery, Partner and Chair of the Public Securities Practice, and Jonathan Friedman, Partner.
About Stubbs Alderton & Markiles, LLP
Stubbs Alderton & Markiles, LLP is a business law firm with robust corporate, public securities, mergers and acquisitions, entertainment, intellectual property, brand protection and business litigation practice groups focusing on the representation of, among others, venture backed emerging growth companies, middle market public companies, large technology companies, entertainment and digital media companies, investors, venture capital funds, investment bankers and underwriters. The firms clients represent the full spectrum of Southern California business with a concentration in the technology, entertainment, videogame, apparel and medical device sectors. Our mission is to provide technically excellent legal services in a consistent, highly-responsive and service-oriented manner with an entrepreneurial and practical business perspective. These principles are the hallmarks of our Firm.
Director of Marketing
Stubbs Alderton & Markiles, LLP
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