Actionable Stock Market Trading Newswire. Built for Traders, by Traders.
All news is property of their respective owners.

Corsair Gaming Raises $75M Via Secondary Equity Offering

Corsair Gaming, Inc (NASDAQ:CRSR) priced 4.55 million shares at $16.50 per share in an underwritten public offering. The global provider…
byAnusuya Lahiri
November 15, 2022
1 minute read
Total
0
Shares
0
0
0
0
0
0
  • Corsair Gaming, Inc (NASDAQ:CRSR) priced 4.55 million shares at $16.50 per share in an underwritten public offering.
  • The global provider of high-performance gear for gamers and content creators granted the underwriters a 30-day option to purchase additional shares up to 0.68 million shares. 
  • The gross proceeds from the offering will likely be $75.0 million.
  • Corsair currently plans to use the net proceeds for general corporate purposes. 
  • Corsair Group (Cayman), LP (EagleTree), which owns most of its outstanding shares and through its general partner, will purchase 2.12 million shares in the offering at the same price and on the same terms as the other purchasers.
  • Corsair Gaming held $61.5 million in cash and equivalents as of September 30.
  • Price Action: CRSR shares traded lower by 9.43% at $16.51 on the last check Tuesday.
 
Total
0
Shares
Share 0
Tweet 0
Share 0
Share 0
Share 0
Share 0
Related Posts
Read More

Groupe Beneteau Launched Partnership With Vision Marine Technologies to Develop and Market 100% Electric Outboard-equipped Powerboats

By Charles Gross
July 18, 6:15 AM
Groupe Beneteau, a global market leader in recreational boating, and Vision Marine Technologies, the leader in electric transition of the recreational boating industry, have launched a partnership to integrate Vision Marine Technologies revolutionary, high-power outboard motors onboard several models across Groupe Beneteau's brand portfolio.

VMAR