Summary
On February 11, 2013, NXP Semiconductors N.V. (NXPI) filed a Form 6-K to report the execution of an Underwriting Agreement on February 4, 2013. This agreement was entered into with Barclays Capital Inc. and Credit Suisse Securities (USA) LLC as underwriters, and certain selling shareholders, for the registered underwritten public offering of 30,000,000 shares of the Company's common stock. This filing signifies a significant secondary offering where existing shareholders are selling a substantial portion of their holdings. The offering is being conducted under an existing shelf registration statement, with a prospectus supplement dated February 4, 2013, outlining the terms. Investors should note that this is a sale by existing shareholders, not a sale of newly issued shares by the company itself. The key details of the offering, including the price and number of shares, are detailed within the Underwriting Agreement and associated schedules.
Key Highlights
- 1NXP Semiconductors N.V. (NXPI) filed a Form 6-K on February 11, 2013.
- 2The filing pertains to an Underwriting Agreement dated February 4, 2013.
- 3The agreement is for a registered underwritten public offering of 30,000,000 shares of common stock.
- 4The shares are being sold by 'certain selling shareholders' named in the agreement.
- 5Barclays Capital Inc. and Credit Suisse Securities (USA) LLC are named as the underwriters.
- 6The offering is being conducted under an existing shelf registration statement.
- 7The transaction is a secondary offering, meaning existing shareholders are selling their shares, not the company issuing new shares.