Summary
This Form 8-K filing by Entegris, Inc. (ENTG) reports on a significant equity offering that closed on September 16, 2009. The company entered into an Underwriting Agreement to sell approximately 14 million shares of its common stock at a price of $3.80 per share. This offering was conducted under a registration statement previously filed with the SEC. Notably, the underwriters exercised their full over-allotment option to purchase an additional 2.1 million shares. This indicates strong demand for the offering and a successful capital raise for Entegris. The net proceeds from this transaction are not detailed in this specific filing, but the sale of approximately 16.1 million shares in total at $3.80 per share would have provided substantial funding for the company. Investors should note the date of the offering and the price, as this provides context for the company's financial position and market valuation at that time.
Key Highlights
- 1Entegris, Inc. entered into an Underwriting Agreement on September 10, 2009.
- 2The agreement was for the sale of 14,000,000 shares of common stock at $3.80 per share.
- 3Underwriters exercised their full over-allotment option for an additional 2,100,000 shares.
- 4The total offering size, including over-allotment, was approximately 16.1 million shares.
- 5The offering was conducted pursuant to a registration statement on Form S-3.
- 6The offering was expected to close on September 16, 2009, subject to customary conditions.
- 7The filing includes exhibits such as the Underwriting Agreement and an opinion of legal counsel.