Adesto Technologies Corporation (NASDAQ:IOTS) Files An 8-K Other Events

Adesto Technologies Corporation (NASDAQ:IOTS) Files An 8-K Other Events
Item 8.01 Other Events

Story continues below

On September 18, 2019, Adesto Technologies Corporation (“Adesto”) issued a press release announcing the pricing on September 18, 2019 of its offering of $70.0 million aggregate principal amount of 4.25% Convertible Senior Notes due 2024 (the “Notes”) in a private offering to qualified institutional buyers to Rule 144A promulgated under the Securities Act of 1933, as amended. Adesto also granted the initial purchasers of the Notes a 13-day option to purchase up to an additional $10.5 million principal amount of the Notes. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

EX-99.1 2 a19-18357_3ex99d1.htm EX-99.1 Exhibit 99.1     Adesto Technologies Corporation Announces Pricing of Private Offering of $70.0 Million of 4.25% Convertible Senior Notes Due 2024   SANTA CLARA,…
To view the full exhibit click here

About Adesto Technologies Corporation (NASDAQ:IOTS)

Adesto Technologies Corporation is a provider of application-specific and ultra-low power non-volatile memory products. The Company optimizes its non-volatile memory products for Internet of Things (IoT), applications, including current and next-generation Internet-connected devices in the consumer, industrial, medical and wearables markets. It operates in application-specific and feature-rich, ultra-low power non-volatile memory (NVM) products segment. It combines its non-volatile memory design capabilities with intellectual property and differentiated technology platforms to deliver products that manage the overall energy consumption of its customers’ systems and battery life. Its products feature embedded intelligence in a small form factor. It sells its products directly to original equipment manufacturers and original design manufacturers, respectively that manufacture products for its end customers.

An ad to help with our costs