GigPeak announces plans to conduct public sale of its common shares

Cowen, Raymond James and Needham assist; secondary sale also planned

By Devika Patel

Knoxville, Tenn., June 9 – GigPeak Inc. plans to price a public offering of common shares along with a secondary sale of shares, according to a prospectus supplement filed Thursday with the Securities and Exchange Commission. There is a 30-day greenshoe.

Cowen and Co., Raymond James and Needham & Co. are the bookrunners.

Proceeds will be used for potential acquisitions.

The San Jose, Calif., company offers semiconductor integrated circuits and software solutions for high-speed connectivity and high-quality video compression.

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