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ALLEGRO MICROSYSTEMS, INC. IPO

Completed

ALLEGRO MICROSYSTEMS, INC. completed its initial public offering on NASDAQ on October 29, 2020, pricing at $14.00 a share.

Ticker	ALGM
Exchange	NASDAQ
Status	Completed
Listing date	October 29, 2020
Offering price	$14.00
Shares offered	25,000,000
Total raised	$350M

The offering

ALLEGRO MICROSYSTEMS, INC. sold 25,000,000 shares at $14.00 each on NASDAQ. Multiplied out, that is $350 million in gross proceeds, the figure before underwriting discounts and offering expenses, and it agrees with the $350 million total recorded for the deal.

Company coverage

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Source: SEC EDGAR filings for ALLEGRO MICROSYSTEMS, INC.. This page is general information, not investment advice.