Summary
NXP Semiconductors N.V. filed a Form 6-K on September 13, 2013, reporting a secondary offering of common stock by its selling shareholders. This offering involves 25,000,000 shares and is being conducted under the company's existing shelf registration statement, with Morgan Stanley & Co. LLC acting as the underwriter. Crucially for investors, NXP Semiconductors will not receive any proceeds from this sale, as the shares are being sold by existing principal stockholders, including affiliates of major investment firms like Kohlberg Kravis Roberts & Co. L.P. and others. Investors should carefully review the prospectus and related filings for detailed information regarding the offering and associated risks.
Key Highlights
- 1Secondary offering of 25,000,000 shares of NXP Semiconductors N.V. common stock initiated by selling shareholders.
- 2NXP Semiconductors N.V. will not receive any proceeds from this offering.
- 3The offering is being made by principal stockholders, including affiliates of Kohlberg Kravis Roberts & Co. L.P., AlpInvest Partners B.V., Apax Partners LLP, Bain Capital Partners, LLC, and Silver Lake Technology Management, L.L.C.
- 4The offering is conducted under NXP's shelf registration statement.
- 5Morgan Stanley & Co. LLC is serving as the underwriter for the secondary offering.
- 6Investors are advised to consult the prospectus and related SEC filings for detailed information and risk factors.