Ichor Holdings, Ltd. Announces Commencement of Public Offering by Selling Shareholders
August 1, 2017
FREMONT, Calif.--(BUSINESS WIRE)--
Ichor Holdings, Ltd. (NASDAQ:ICHR) (“Ichor”) announced today the
commencement of an underwritten public offering of 5,500,000 ordinary
shares by selling shareholders pursuant to a registration statement on
Form S-1 filed with the Securities and Exchange Commission. The
underwriters will have a 30-day option to purchase up to an additional
825,000 ordinary shares from the selling shareholders. Ichor will not
receive any of the proceeds from the sale of the ordinary shares.
Deutsche Bank Securities Inc. and Stifel are serving as joint lead
bookrunners in the offering. Additionally, RBC Capital Markets, LLC,
Cowen and Company, LLC and Needham & Company, LLC are serving as
bookrunners in the offering. Copies of the prospectus related to the
offering may be obtained from: Deutsche Bank Securities Inc., Attention:
Prospectus Group, 60 Wall Street, New York, NY 10005, by telephone at
1-800-503-4611 or by email at prospectus.cpdg@db.com,
or Stifel, Nicolaus & Company, Incorporated, Attention: Prospectus
Department, One Montgomery Street, Suite 3700, San Francisco, CA 94104,
by telephone at 415-364-2720 or by email at syndprospectus@stifel.com.
A registration statement relating to this offering has been filed with
the Securities and Exchange Commission 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. Copies of the
registration statement can be accessed through the Securities and
Exchange Commission’s website at www.sec.gov.
This offering is being made only by means of a prospectus. This press
release shall not constitute an offer to sell or the solicitation of an
offer to buy, nor shall there be any 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 any such state or jurisdiction.
About Ichor
Ichor is a leader in the design, engineering and manufacturing of
critical fluid delivery subsystems for semiconductor capital equipment.
Forward-Looking Statements
This communication contains forward-looking statements that may state
Ichor’s or its management's intentions, beliefs, expectations or
predictions for the future. Such forward-looking statements are subject
to certain risks, uncertainties and assumptions, and typically can be
identified by the use of words such as “will,” “expect,” “estimate,”
“anticipate,” “forecast,” “plan,” “believe,” and similar terms. Although
Ichor believes that its expectations are reasonable, it can give no
assurance that these expectations will prove to have been correct, and
actual results may vary materially. Factors that could cause actual
results to differ materially from those contemplated above include,
among others, risks and uncertainties related to the capital markets.
Any forward looking information presented herein is made only as of the
date of this press release, and Ichor does not undertake any obligation
to update or revise any forward-looking information to reflect changes
in assumptions, the occurrence of unanticipated events, or otherwise.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170801005816/en/
Ichor Holdings, Ltd.
Maurice Carson, 510-897-5200
IR@ichorsystems.com
Source: Ichor Holdings, Ltd.
