QuickLogic’s $15.5 Million Public Offering


FaegreBD guided the underwriters on a $15.5 million shelf-takedown offering of 13,513,510 shares of common stock and warrants to purchase 5,405,404 shares of common stock of QuickLogic Corporation.

QuickLogic enables OEMs to maximize battery life for highly differentiated, immersive user experiences with Smartphone, Wearable and IoT devices. QuickLogic delivers these benefits through ultra-low power customer programmable SoC semiconductor solutions, embedded software, and algorithm solutions for always-on voice and sensor processing. QuickLogic’s shares trade on the NASDAQ Global Market under the symbol “QUIK.”

Craig-Hallum Capital Group acted as the sole book-running manager for the offering. Roth Capital Partners and The Benchmark Company acted as co-managers for the offering.

Morgan Burns (Picture), Jonathan Zimmerman, Ben Stacke, Ryan Woessner and Sarah Bartlett led the deal team.

Involved fees earner: Morgan Burns – Faegre Baker Daniels; Sarah Bartlett – Faegre Baker Daniels; Ben Stacke – Faegre Baker Daniels; Ryan Woessner – Faegre Baker Daniels; Jonathan Zimmerman – Faegre Baker Daniels;

Law Firms: Faegre Baker Daniels;

Clients: Roth Capital Partners, LLC; Craig-Hallum Capital Group LLC; The Benchmark Company;

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Author: Ambrogio Visconti