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General News

Aug. 16, 2016

Airgain hopes to raise $12 million in IPO

Airgain's antennas are found in devices deployed in carrier, enterprise, and residential wireless networks and systems, including set top boxes, routers, digital televisions, and Internet of Things (IOT) devices.

Airgain, Inc. (Nasdaq: AIRG), a provider of embedded antenna technologies for high performance wireless networking, has fixed the pricing of its initial public offering of 1.5 million shares of common stock at $8.00 per share.

In addition, Airgain has granted the underwriters a 30-day option to purchase up to an additional 225,000 shares of common stock at the IPO price to cover over-allotments, if any. The offering is expected to close on Aug. 17, subject to the satisfaction of custo...

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