Aquantia IPO

11/3/2017

IPO

$61,200,000

We intend to use approximately $9.2 million of the net proceeds we receive from this offering to prepay in full the outstanding indebtedness under our term loan with Pinnacle Ventures, L.L.C. This loan bears interest at a rate equal to the greater of the prime rate plus 550 basis points, or 9.50% per annum, and matures July 1, 2018. See the section titled "Management's Discussion and Analysis of Financial Condition and Results of Operations--Liquidity and Capital Resources--Debt Obligations." However, our intentions to prepay this loan may change due to market or other factors. We currently intend to use the remaining net proceeds to us from this offering primarily for general corporate purposes, including working capital, sales and marketing activities, product development, general and administrative matters, and capital expenditures, although we do not currently have any specific or preliminary plans with respect to the use of proceeds for such purposes. We also may use a portion of th

Private & Independent

Semiconductors

91 E. Tasman Dr. 100
San Jose, CA 95134
USA

Aquantia (NYSE: AQ) turns innovation into business success, delivers 10GBASE-T to large-scale Data Centers and Cloud Computing.