Peregrine Semiconductor prices IPO at $14, the low end of the range


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Peregrine Semiconductor, a fabless provider of radio frequency integrated circuits in the wireless market, raised $77 million by offering 5.5 million shares (3% insider) at $14, the low end of the range of $14 to $16. Peregrine Semiconductor plans to list on the NASDAQ under the symbol PSMI. Deutsche Bank Securities and J.P. Morgan acted as lead managers on the deal.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines , IPOs

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