1. Home
  2. |Insights
  3. |Deal Note: Crowell & Moring Advises GigOptix on Underwritten Public Offering

Deal Note: Crowell & Moring Advises GigOptix on Underwritten Public Offering

Firm News | 1 min read | 08.21.15

Washington, D.C. – August 21, 2015: GigOptix, Inc., a leading supplier of advanced semiconductor communications components for use in Cloud connectivity, data centers, and high-speed optical and wireless networks, announced the pricing of its underwritten public offering of an aggregate of 9,218,000 newly issued shares of common stock at a price of $1.70 per share. GigOptix expects to receive gross proceeds of $15.67 million, before deducting underwriting discounts and other estimated offering expenses. The underwriters have also been granted a 30-day option to purchase up to 1,425,000 shares of common stock to cover over-allotments, if any. In addition, certain officers and directors as selling stockholders sold 282,000 shares of previously issued shares of common stock in the underwritten public offering at a price of $1.70 per share. Subject to customary conditions, the offering is expected to close on August 26, 2015. 

Crowell & Moring served as lead legal counsel to GigOptix in this transaction, and the team included: San Francisco partner Jeffrey C. Selman, Washington, D.C. partner Kelly G. Howard, San Francisco associate Joshua Reynolds, Washington, D.C. associate Jonathan Nesher, and San Francisco associate Robert M. Crea. K&L Gates served as counsel to the underwriters.

Insights

Firm News | 2 min read | 08.22.25

Crowell & Moring Lawyers Author Chapter in Global Arbitration Review’s The Guide to Construction Arbitration

New York – August 22, 2025: Crowell & Moring lawyers Randa Adra, Joshua Lindsay, Edmund Northcott, and Evelien Van Espen authored a chapter in the sixth edition of Global Arbitration Review’s The Guide to Construction Arbitration. Their chapter explores the allocation of risk in construction contracts, including covering issues like cost overruns, design errors, unforeseen conditions, and delays....