Ichor Holdings, Ltd. Announces Pricing of Public Offering by Selling Shareholders

April 27, 2017

FREMONT, Calif.--(BUSINESS WIRE)-- Ichor Holdings, Ltd. (NASDAQ:ICHR), a leader in the design, engineering, and manufacturing of critical fluid delivery subsystems for semiconductor capital equipment, announced today the pricing of an underwritten public offering of 5,136,923 of its ordinary shares by selling shareholders at a price to the public of $19.50 per share. The offering is expected to close on May 2, 2017. In connection with this offering, the selling shareholders have granted the underwriters a 30-day option to purchase up to an additional 770,538 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 was declared effective by the Securities and Exchange Commission on April 26, 2017. 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.

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.

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Ichor Holdings, Ltd.
Maurice Carson, 510-897-5200
IR@ichorsystems.com

Source: Ichor Holdings, Ltd.