Aquantia’s $71 Million Initial Public Offering


Cooley advised fabless semiconductor developer Aquantia on its $70.6 million initial public offering of 7,840,700 shares of common stock, including the full exercise of the underwriters’ option to purchase additional shares.

Morgan Stanley, Barclays and Deutsche Bank Securities acted as joint book-running managers and Needham & Company and Raymond James acted as co-managers for the offering.

Aquantia – based in San Jose and now trading on the New York Stock Exchange under the ticker symbol “AQ” – is a leader in the design, development and marketing of advanced, high-speed communications integrated circuits for ethernet connectivity in the data center, enterprise infrastructure and access markets. Its products are designed to deliver leading-edge data speeds for use in the latest generation of communications infrastructure to alleviate network bandwidth bottlenecks caused by the growth of global IP traffic.

Cooley partners Bo Yaghmaie (Picture), Josh Kaufman and Rob Phillips led the team advising Aquantia.

Involved fees earner: Babak Yaghmaie – Cooley LLP; Josh Kaufman – Cooley LLP; Robert Phillips – Cooley LLP; Alison Haggerty – Cooley LLP; Danielle Gershowitz – Cooley LLP; Gloria Henderson – Cooley LLP; Francis Wheeler – Cooley LLP; Renee Deming – Cooley LLP; Aaron Pomeroy – Cooley LLP; Mark Windfeld-Hansen – Cooley LLP; Jeremy Naylor – Cooley LLP; Jonathan Rivinus – Cooley LLP; Amanda Pacheco – Cooley LLP; Bill Galliani – Cooley LLP; Eamonn Gardner – Cooley LLP; Karen Won – Cooley LLP; Kevin King – Cooley LLP; Rebecca Ross – Cooley LLP; Davison Paull – Cooley LLP;

Law Firms: Cooley LLP;

Clients: Aquantia Corp.;