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SCT AXT prices $550m public offering at $64.25 per share to raise $550m

Posted: Tue Apr 21, 2026 12:21 pm
by admin
AXT Inc of Fremont, CA, USA — which makes gallium arsenide (GaAs), indium phosphide (InP) and germanium (Ge) substrates and raw materials at plants in China — has priced its underwritten public offering of 8,560,311 shares of common stock (announced on 20 April) at $64.25 per share...

Source: https://www.semiconductor-today.com/new ... 0426.shtml