IPO News Archive
Peregrine Semiconductor prices IPO at $14, the low end of the range
Peregrine Semiconductor, a fabless provider of radio frequency integrated circuits in the wireless market, raised $77 million by offering 5.5 million shares (3% insider) at $14, the low end of the range of $14 to $16. Peregrine Semiconductor plans to list on the NASDAQ under the symbol PSMI. Deutsche Bank Securities and J.P. Morgan acted as lead managers on the deal.