Press Releases
ThinkEquity LLC acts as Co-Manager on InvenSense, Inc.'s Initial Public Offering of Common Stock
SAN FRANCISCO, December 2011 — ThinkEquity LLC — A Panmure Gordon Company, a leading investment banking boutique focused on growth companies and their investors, is pleased to announce the completion of the initial public offering of common stock for InvenSense, Inc. on November 15, 2011.
The Company's initial public offering raised approximately $86.3 million though the sale of 11.5 million shares of common stock at an offering price of $7.50 per share. The Company will not receive any proceeds from the sale of the overallotment, which consisted of 1.5 million secondary shares sold by stockholders. ThinkEquity LLC acted as Co-Manager in this transaction. InvenSense, Inc.'s common stock now trades on the New York Stock Exchange under the symbol "INVN".
InvenSense (www.invensense.com) is the leading provider of MotionProcessing™ solutions for the consumer electronics market. The Company's patented and patent pending MotionProcessing technology and Nasiri-Fabrication platform address the emerging needs of many mass-market consumer applications such as smartphones, tablets, gaming devices, image stabilization, and remote controls for Smart TVs, that require improved performance, enhanced features, and new and more intuitive motion and gesture-based user-interface solutions.
The securities described above were offered by InvenSense, Inc. pursuant to a prospectus filed with and declared effective by the Securities and Exchange Commission. The final prospectus is available at the SEC's website at www.sec.gov, or by contacting ThinkEquity LLC at 600 Montgomery Street, 3rd Floor, San Francisco, CA 94111, Attn: Prospectus Department (415) 249-2935.
ThinkEquity Contact:
Janet Faleski
Managing Director
T: (212) 468-7083
E: jfaleski@thinkequity.com
Media enquiries:
Nathaniel Webb
Group Communications and Investor Relations Director
T: +44 20 7614 8333
E: nathaniel.webb@panmure.com
About ThinkEquity LLC — A Panmure Gordon Company
Focused on the growth sectors of the economy, ThinkEquity provides research, equity financing, M&A advisory, institutional sales and trading, wealth management and asset management services to institutional investors, corporate and private clients, venture capitalists, entrepreneurs and financial sponsors. As a Panmure Gordon company, ThinkEquity accesses the combined financial expertise of professionals based in San Francisco, New York, Boston, Chicago, London, Liverpool and Geneva. Research-driven, we remain true to our founding principles: the power of growth, focus, deep domain expertise and people. www.thinkequity.com
About the Panmure Gordon Group
Founded in 1876, Panmure Gordon & Co. (PMR.L) is a leading independent institutional stockbroker and investment bank. Encompassing its US franchise, ThinkEquity, LLC, the Group employs approximately 240 professionals across the US, the UK, Singapore and Nyon, Switzerland, offering a blend of transatlantic financial services including research, sales and trading, wealth management and asset management. www.panmure.com