MaxLinear Closes IPO

MaxLinear announces closing of initial public offering and exercise of over-allotment option

March 29, 2010

1 Min Read

CARLSBAD, Calif. -- MaxLinear, Inc. (NYSE:MXL - News), a provider of radio frequency (RF) and mixed-signal IC solutions for broadband communications applications, today announced that it has closed its previously announced initial public offering of 6,444,100 shares of Class A common stock at a price to the public of $14.00 per share. In connection with the initial public offering, the underwriters exercised in full their option to purchase an additional 966,614 shares of Class A common stock from the company and selling stockholders. As a result, the total initial public offering size was 7,410,714, which consisted of 5,919,528 shares of Class A common stock sold by the company, and the remaining 1,491,186 shares of Class A common stock sold by the selling stockholders. MaxLinear will not receive any proceeds from the sale of shares by the selling stockholders. The shares of Class A common stock are traded on the New York Stock Exchange under the ticker symbol “MXL.”

Morgan Stanley & Co. Incorporated and Deutsche Bank Securities Inc. acted as joint book-running managers for the offering. UBS Securities LLC, Thomas Weisel Partners LLC, and Needham & Company, LLC acted as co-managers.

MaxLinear Corp.

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