Summary
This Form 6-K filing from NXP Semiconductors N.V. on March 8, 2013, announces the pricing of a secondary offering of 25,000,000 shares of common stock. These shares are being sold by certain principal stockholders, including affiliates of significant investment firms such as AlpInvest Partners, Apax Partners, Bain Capital, and Silver Lake. Importantly, NXP Semiconductors itself will not receive any proceeds from this offering, as it is solely a transaction between selling shareholders and new investors. The offering is expected to close on March 13, 2013. Investors are advised to review the company's prospectus and related filings for complete details, as this announcement does not constitute an offer to sell or a solicitation of an offer to buy securities. The filing also includes standard forward-looking statement disclaimers.
Key Highlights
- 1Secondary offering of 25,000,000 shares of NXP Semiconductors N.V. common stock has been priced.
- 2The shares are being sold by existing principal stockholders, not by the company.
- 3NXP Semiconductors N.V. will not receive any proceeds from this stock sale.
- 4The offering involves selling shareholders affiliated with major investment firms including AlpInvest Partners, Apax Partners, Bain Capital, and Silver Lake.
- 5The offering is expected to close on March 13, 2013, subject to customary conditions.
- 6BofA Merrill Lynch and Credit Suisse are acting as joint book-running managers for the offering.