Industry | 2009.09.11
Photronics Announces Pricing of Convertible Note and Common Stock Offerings
BROOKFIELD, Conn.--(BUSINESS WIRE)--Photronics, Inc. (Nasdaq:PLAB), a worldwide leader in supplying innovative imaging technology solutions for the global electronics industry, today announced that it has successfully priced its convertible note offering and secondary offering of common stock. Photronics announced that it has agreed to sell 9,638,554 shares of its common stock at a public offering price of $4.15 per share. Photronics has also granted the underwriters an option to purchase up to
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