Tech Company Inital Public Offerings
Adesto Technologies IPO
Operating out of Santa Clara, Adesto Technologies is now a public company.
Transaction Overview
Company Name
Announced On
10/27/2015
Transaction Type
IPO
Amount
$25,000,000
Proceeds Purpose
The principal purposes of this offering are to obtain additional capital, to create a public market for our common stock and to facilitate our future access to the public equity markets. We expect to use the net proceeds that we receive from this offering for working capital and other general corporate purposes, including research and development activities, sales and marketing activities and capital expenditures, to enhance existing and develop new products and product families, expand our manufacturing capabilities or fund our growth. We may also use a portion of the net proceeds that we receive from this offering for investments in or acquisitions of complementary businesses, products, services, technologies or other assets. We have not entered into any agreements or commitments with respect to any investments or acquisitions at this time. We may also use a portion of the net proceeds we receive from this offering to repay borrowings under our three-year $15.0 million term loan faci
Company Information
Company Status
Publicly-held
Industry
Semiconductors
Mailing Address
3600 Peterson Way
Santa Clara, CA 95054
USA
Santa Clara, CA 95054
USA
Phone
Website
Email Address
Overview
Adesto Technologies is a semiconductor company developing ultralow-power, embedded, non-volatile memory technology.
Management Team
Title
Name
Email & Social
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