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March 28, 2017

FaegreBD Advises Underwriters in QuickLogic's $15 Million Public Offering

Faegre Baker Daniels represented underwriters Craig-Hallum Capital Group LLC in QuickLogic’s public offering valued at around $15 million. The common stock trades on the NASDAQ Global Market under the symbol “QUIK.” The company closed on the offering on March 28, 2017.

QuickLogic is a fabless semiconductor company that develops low power System on Chip (SoCs), Field Programmable Gate Arrays (FPGAs) and embedded FPGA intellectual property. QuickLogic’s products enable smartphone, wearable and IoT device, and original equipment manufacturers to deliver highly differentiated, immersive user experiences and long battery life for their customers. The company is headquartered in Sunnyvale, California.

Ben Stacke and Ryan Woessner, senior associates in FaegreBD’s capital markets practice, led the team along with Morgan Burns, Jonathan Zimmerman and Steve Conley. Craig-Hallum Capital Group LLC acted as sole bookrunning manager and The Benchmark Company, LLC acted as co-manager for the offering.

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