Finisar Corporation Announces Exercise of Over-Allotment Option
The exercise of the over-allotment option increases the size of the offering to 9,936,000 shares, which will be sold at a price to the public of $14.00 per share, for total gross proceeds of $139.1 million. Total proceeds to the Company from the sale of 9,787,093 shares in the offering will be $131.5 million, and the selling stockholders will receive proceeds of $2.0 million. The offering is expected to close on March 23, 2010, subject to customary closing conditions.
Morgan Stanley & Co. Incorporated and Jefferies & Company, Inc. are serving as joint book-running managers for the offering. Piper Jaffray & Co. and Morgan Keegan & Company, Inc. are acting as co-managers.
A shelf registration statement (including a base prospectus) has been filed with the Securities and Exchange Commission, or SEC, for the offering to which this communication relates and is effective. Before you invest, you should read the base prospectus and the final prospectus supplement relating to the offering and other documents that Finisar has filed or will file with the SEC for more complete information about Finisar and the offering. You may get these documents for free by visiting the SEC website at www.sec.gov. Alternatively, you may obtain copies of the final prospectus supplement and the accompanying base prospectus from:
Morgan Stanley & Co. Incorporated Jefferies & Company, Inc
180 Varick Street 520 Madison Avenue
New York, New York 10014 New York, New York 10022
Attention: Prospectus Department Attention: Stephen M. Ficara
E-mail: prospectus@morganstanley.com E-mail: sficara@jefferies.com
Phone: (866) 718-1649 (toll free) Phone: (212) 284-3418
This announcement shall not constitute an offer to sell or the solicitation of an offer to buy securities nor shall there be any offer or sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.
