Corsair planning an IPO

Posted on Monday, April 26 2010 @ 21:21 CEST by Thomas De Maesschalck
Memory maker OCZ Technology got listed on Nasdaq last Friday, and now news reaches us that Corsair is planning an IPO. The company intends to get listed on the Nasdaq Global Market under the symbol "CRSR".
Corsair, a worldwide designer and supplier of high-performance components to the PC gaming hardware market, today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) relating to a proposed initial public offering of shares of its common stock. It is expected that shares of the common stock to be sold in the offering will be offered by both the company and certain of the company's stockholders. The number of shares to be offered and the price range for the offering have not yet been determined.

Barclays Capital and Jefferies & Company are acting as joint book-running managers, with Oppenheimer & Company and RBC Capital Markets acting as co-managers.

The offering will be made only by means of a prospectus. When available, copies of the preliminary prospectus relating to the offering may be obtained from the prospectus departments of Barclays Capital c/o Broadridge, Attention: Integrated Distribution Services, 1155 Long Island Avenue, Edgewood, NY 11717, by telephone at 888-603-5847 or by e-mail at Barclaysprospectus@broadridge.comThis e-mail address is being protected from spam bots, you need JavaScript enabled to view it ; and Jefferies & Company c/o Equity Syndicate Prospectus Department, 520 Madison Ave., 12th Floor, New York, NY 10022, by telephone at 877-547-6340 or by e-mail at Prospectus_Department@Jefferies.com.This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

A registration statement relating to these securities has been filed with the SEC, but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any offer or sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.


About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.



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