Everspin Technologies Priced, Nasdaq: MRAM

Provides magnetoresistive random access memory (MRAM) chips.

Industry: Technology

Latest Trade: $7.50 +0.02 (+0.3%)

First Day Return: +0.2%

Return from IPO: -6.5%

Industry: Technology

We are the leading provider of MRAM solutions. Our MRAM solutions offer the persistence of non-volatile memory, a type of memory that retains information even in the absence of power, with the speed and endurance of random access memory, and enable the protection of mission critical data particularly in the event of power interruption or failure. Our MRAM solutions allow our customers in the industrial, automotive and transportation, and enterprise storage markets to design high performance, power efficient and reliable systems without the need for bulky batteries or capacitors. We are the only provider of commercially available MRAM solutions, and over the past eight years we have shipped over 60 million MRAM units.
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IPO News for Everspin Technologies
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IPO Data
IPO File Date 09/09/2016
Offer Price $8.00
Price Range $8.00 - $8.00
Offer Shares (mm) 5.0
Deal Size ($mm) $40
IPO Data
IPO Date 10/07/2016
Offer Price $8.00
Price Range $8.00 - $8.00
Offer Shares (mm) 5.0
Deal Size ($mm) $40
Underwriters
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Company Data
Headquarters Chandler, AZ
Founded 2008
Employees 86
Website www.everspin.com